How India’s Unicorns fared in 2016

Jayadevan PK December 29, 2016

India has had only a handful of unicorns — companies that have a valuation of over $1 billion. We attempted to understand and write about these companies in 2016. Instead of piecemeal coverage about various aspects of these companies, we tried to see the larger picture. Most of the stories were longform. Expect more of that in 2017. Meanwhile, here are our best Unicorn stories from 2016.

1. The story of India’s first Unicorn.

India’s first Unicorn InMobi is staring at an uncertain future

2. The battle within India’s data analytics star Mu Sigma.

Mu Sigma’s summation of maladies and Dhiraj’s fight to fix it

3. Inside the controlled madness of Flipkart’s Big Billion Days monster sale.

Flipkart’s Big Binny Days

4. An under-the-hood look at how India’s most valued consumer internet company is doing.

Project Fixkart (Part Deux): Early Signs that Binny Bansal’s Balm for Flipkart is Working



Lead visual: Nikhil Raj
Disclosure: FactorDaily is owned by SourceCode Media, which counts Accel Partners, Blume Ventures and Vijay Shekhar Sharma among its investors. Accel Partners is an early investor in Flipkart. Vijay Shekhar Sharma is the founder of Paytm. None of FactorDaily’s investors have any influence on its reporting about India’s technology and startup ecosystem.