Posts from our research team, usually deep dives into pockets of unlisted markets
India’s unicorn startups – valued at over $1 billion – are not just shaping the country’s digital economy but also redefining benchmarks in employee compensation. The rise of the Indian unicorns has been remarkable in recent years. While investors often focus on revenue and profitability, a company’s spending on employee benefits is a crucial indicator…
Read morePrivateCircle is thrilled to announce the launch of its powerful API, adding to its deep private market intelligence line of products. PrivateCircle API provides developers with access to a wealth of company data, allowing them to build innovative applications that leverage the power of PrivateCircle’s massive intelligence. What is PrivateCircle API? PrivateCircle API is a…
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India’s startup ecosystem has grown rapidly over the last decade, producing more than 100 unicorns – companies valued at over $1 billion. While the spotlight often shines on these unicorns’ market dominance and innovation, an equally compelling story lies beneath: the entrepreneurial journey of the founders. According to an analysis by PrivateCircle Research, about 60%…
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Your startup has just hit over a billion dollars in valuation and there are a couple of million dollars in the bank – how much do you pay yourself? Let’s see what the data says. The median annual salary for Indian unicorn founders in FY23 was Rs 1.5 crores. Of course, there are some outliers…
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If cricket is a religion in India, Indian Premier League (IPL) is an important festival for its followers. This Twenty20 cricket league is organised annually where 10 Indian city-based teams compete for the winner’s trophy. In December 2022, consulting firm D and P Advisory estimated IPL’s valuation at $10.9 billion. Like any festival, IPL too…
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Whether it is Zomato’s bumper IPO, or Blinkit’s strategic acquisition, Indian startup ecosystem has hit an inflection point. We have transitioned from celebrating big funding rounds to now anticipating startup exits. Some say it is a sign of maturing ecosystem. Others see it as a direct impact of investors demanding a clear path to profitability…
Read moreThe personal care products in India is a rapidly growing sub sector with a large consumer base. It includes a wide range of products such as skincare, hair care, cosmetics, fragrances, and oral care, among others. The personal products as a sector has been on an upward trajectory due to factors such as increasing consumer…
Read moreAs businesses in India increasingly adopt digitalization and automation in their operations, the HR SaaS companies has emerged as a significant player in the country’s tech landscape. Whether you are an HR professional looking for a suitable SaaS solution or an investor interested in the HR technology industry or you’re just plain curious, this blog…
Read moreOver the last few years, we saw a lot more coverage of institutional investors’ activity in private markets. Founders themselves have been diluting their stake at a fast clip to raise capital. To understand such dilution and VC/PE activity in unlisted companies, we take a long view and track deal activity and ownership trends from…
Read moreQuick Background It was a phenomenal 2021 in funding and growth among unlisted companies across subsectors in India. The high number of unicorn births and the unforeseen amount of funding for them has some side effects. These effects include industry concentration that can distort the markets. With some of these even being discussed in the…
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