{"id":936,"date":"2019-10-17T05:07:21","date_gmt":"2019-10-17T05:07:21","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/17\/with-21-unicorns-india-third-on-list-of-billion-dollar-tech-start-ups-us-china-lead\/"},"modified":"2019-10-17T05:07:21","modified_gmt":"2019-10-17T05:07:21","slug":"with-21-unicorns-india-third-on-list-of-billion-dollar-tech-start-ups-us-china-lead","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/17\/with-21-unicorns-india-third-on-list-of-billion-dollar-tech-start-ups-us-china-lead\/","title":{"rendered":"With 21 unicorns, India third on list of billion-dollar tech start-ups; US, China lead"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden size-full wp-image-1737960\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india.jpg\" alt=\"India, india 21 unicorns, China unicorns, US unicorns, Hurun Global Unicorn List 2019, world billion dollar tech start ups, billion dollar tech start ups list,China, Hurun Research Institute, world gdp, india inc, india start ups, china start ups, us start ups, india tech start ups, Zhang Yiming, ByteDance, Jinri Toutiao, tik tok, byju, ola cabs\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"size-full wp-image-1737960\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india.jpg\" alt=\"India, india 21 unicorns, China unicorns, US unicorns, Hurun Global Unicorn List 2019, world billion dollar tech start ups, billion dollar tech start ups list,China, Hurun Research Institute, world gdp, india inc, india start ups, china start ups, us start ups, india tech start ups, Zhang Yiming, ByteDance, Jinri Toutiao, tik tok, byju, ola cabs\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/tech-start-up-india-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">China-based Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities.<\/span><\/figure>\n<\/div>\n<p>India, with 21 unicorns, stands a distant third to China and the US in the inaugural Hurun Global Unicorn List 2019, a ranking of the world\u2019s billion-dollar tech start-ups compiled by the China-based Hurun Research Institute.<\/p>\n<p>China, with 206 unicorns and the US, with 203, dominate the list with over 80% of the world\u2019s known unicorns, despite representing only half of the world\u2019s GDP and a quarter of the world\u2019s population.<\/p>\n<p>Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities. Set up seven years ago on an average, they are worth $$3.4 billion on average and $1.7 trillion in total. Valuations are a snapshot of June 30, 2019.<\/p>\n<p>Indian unicorns are led by payments solutions platform One97 Communications ($10 billion), followed by cab aggregator Ola Cabs ($ 6 billion), online educator Byju\u2019s ($6 billion), and travel-stay finder OYO Rooms ($5 billion).<\/p>\n<p>Hurun Report chairman and chief researcher Rupert Hoogewerf said, \u201cThese are the industries that are disrupting the world economy, initiating the Fourth Industrial Revolution, and widely considered to hold the key to the future. Not surprising that many of the world\u2019s top young talent want to work in these sectors.\u201d<\/p>\n<p>Hangzhou-based Ant Financial is the most valuable unicorn in the world with a valuation of $150 billion. Founded in 2014, Ant Financial\u2019s main business is the online payment platform Alipay, which was spun out of Alibaba. In June 2018, Ant Financial raised $14 billion in a round led by GIC and Tamasek, to value the business at $150 billion.<\/p>\n<p><img decoding=\"async\" class=\"lazy lazy-hidden alignnone size-full wp-image-1737958\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns.jpg\" alt=\"\" width=\"713\" height=\"417\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns.jpg 713w, https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns-300x175.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns-620x363.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns-457x267.jpg 457w\" sizes=\"(max-width: 713px) 100vw, 713px\"\/><\/p>\n<p><noscript><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1737958\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns.jpg\" alt=\"\" width=\"713\" height=\"417\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns.jpg 713w, https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns-300x175.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns-620x363.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/india-unicorns-457x267.jpg 457w\" sizes=\"(max-width: 713px) 100vw, 713px\"\/><\/noscript><\/p>\n<p>Beijing-based content discovery platform ByteDance is the second-most valuable unicorn at $75 billion. Founded in 2012 by Zhang Yiming, ByteDance runs AI-powered news-aggregation platform Jinri Toutiao and more famously, video-sharing application TikTok. Bytedance has raised $4.3 billion to date in three funding rounds.<\/p>\n<p>Beijing-based cab-hailing platform Didi Chuxing is the third most valuable unicorn in the world at $55 billion.<\/p>\n<p>Fourth comes New York-based Infor with $50 billion valuation builds at SMB and Enterprise ERP software cloud products. Founded by Jim Schaper in 2002, Infor has raised $4 billion in four rounds of funding with the latest coming in January, when it raised $1.5 billion.<\/p>\n<p>E-commerce and fintech make up 31% of the world\u2019s unicorns, followed by cloud and AI. The world\u2019s unicorns span 25 industries, with the \u2018Big 5 Industries\u2019 making up half of the total.<\/p>\n<p>Sequoia is far and away the world\u2019s most successful investment platform at finding and investing into unicorns, investing into one in five of the world\u2019s known unicorns, followed by SoftBank, Tencent, Tiger, IDG, Goldman Sachs and Alibaba. Hoogewerf says, \u201cUnicorns are supposed to be hard to find, but investors like Sequoia, Softbank and Tencent make it look easy.\u201d<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n<div class=\"jobbi-after-content-jh-placement jobbi-entity-placement\" id=\"jobbi-3678080016\"><div id=\"jobbi-3222748691\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5862940809620110\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-5862940809620110\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>[ad_1] China-based Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities. India, with 21 unicorns, stands a distant third to China and the US in the inaugural Hurun Global Unicorn List 2019, a ranking of the world\u2019s billion-dollar tech start-ups compiled by the China-based Hurun Research Institute. China, with [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=936"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/937"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}