24 Unicorns Added in 15 Months

Figures from data tracking platform Tracxn show that 24 Indian startups attained unicorn status in the past 15 months, raising the total to 47. Also, 67 new-age companies were adjudged soonicorns during the period, boosting their count in India to 232.

Byju’s, Unacademy, Delhivery, Udaan, Zomato, Urban Company, Swiggy Vedantu, EcomExpress, ShadowFax, XpressBees, Grofers, Bharatpe, Cred and Ninjacart are among companies that created the maximum number of jobs.

BharatPe, another leading fintech startup, more than doubled its headcount during the period. 

Startups in the edtech sector were among those which grew exponentially, creating more jobs on the way.

Vedantu hired about 6,500 people in the past 15 months across functions such as analytics, sales, strategy, finance, marketing, engineering, product and design. It plans to add 500 more over the next six months.

Online grocer BigBasket, which continued ramping up hiring of blue-collar workers through the pandemic, has now started hiring in the white collar space as well to manage the surge in demand and grow new and adjacent businesses.

Job market and industry experts said that hiring in the unicorns and soonicorns space will pick up in the months ahead as more positivity is driven into the market and digital buying of products and services will sustain despite the reopening of brick and mortar stores.

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