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Tag: PhonePe

Which Indian unicorns spend the most on employees?

Which Indian unicorns spend the most on employees?

March 26, 2025March 28, 2025

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…

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Categories: Research
PhonePe Mafia 2024

The PhonePe Mafia: A Closer Look at India’s Rising Tech Stars

October 23, 2024

The PhonePe Mafia, much like its Paytm and Flipkart counterparts, is a growing network of startups founded by ex-employees of the fintech giant. As of August 2024, the collective valuation of the PhonePe Mafia companies was an impressive ₹11,707.39 crores. This reflects not only the growing success of these companies but also the impact that…

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Categories: Mafia / Reports
Flipkart Mafia hits collective valuation of $25 bn

Unveiling the Phenomenon: The Rise of the Flipkart Mafia in 2024

February 15, 2024March 20, 2024

In the dynamic landscape of Indian startups, few narratives stand as compelling as that of the Flipkart Mafia. A term given to startups founded by former employees of Flipkart (known as Flipsters). Stemming from the roots of e-commerce giant Flipkart, the Flipkart Mafia has emerged as a powerhouse of innovation, disruption, and entrepreneurial spirit. We…

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Categories: Mafia / Reports

It’s a Big Deal – Episode 12 | 16 Nov – 15 Dec 2023

January 24, 2024February 29, 2024

Introduction In the latest episode of It’s-a-Big-Deal, we delve into the intricate details of our Startup Deals Report: India 2023. The report offers valuable insights into the challenging landscape faced by the Indian startup ecosystem. Let’s unravel the trends, crunch the numbers, and explore the highs and lows of 2023. Watch the Episode 12 available…

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Categories: Deals / It's a Big Deal / Reports

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