Anandan: India is on track to reach 100 unicorns by 2025
Rajan Anandan · 50 Unicorns and 19 IPOs, Rajan Anandan from Peak XV on investing in CRED, Meesho, Groww & Mamaearth · Aug 20, 2019 · at 3:24
Rajan Anandan predicts the growth trajectory of billion-dollar valuation tech startups in India.
0:00 / 0:08exact quote · 8.5s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“And you know, they, we are very much on track, I think, to you know, have a hundred unicorns in India by twenty-twenty-five.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Rajan Anandan
Anandan: Four-wheeler ride-hailing is played out; the future is two-wheelers
“So my view is the four-wheeler game is, is pretty much played out, and that's why we're seeing sort of slowing growth on the four-wheeler side. So it's really going to be three-wheelers, two-wheelers, new kind of forms of vehicles, and so on and so forth. And …”
Anandan: India could produce 10 edtech unicorns
“I think India could have 10 unicorns in the education space. Today we have one called Baiju's. I think we're gonna see many more companies in the education space, simply because there's a massive, massive need.”
Anandan predicts several Indian SaaS unicorns will emerge annually by 2022-2023
“We are probably, you know, we'll probably be at one a year for a few years, but then, you know, somewhere around, 20, 22, 23, we'll start seeing, you know, several SaaS unicorns every year, right?”
Anandan: SaaS startups need at least $50M-$150M to become unicorns
“Even in a SaaS company to become a unicorn, you need to raise 5000, hundred and fifty million dollars at a minimum, right? It's very difficult to get there with twenty million dollars, even in a SaaS company.”