Highlights of Report
- 29 countries have at least one $1B company.
- Google has a higher valuation than the remaining 49 countries combined. (Google = $410 billion; Rest of 49 countries= $400 billion)
- Alibaba, China's e-commerce giant, has a valuation equal to the remaining 48 countries combined. (Alibaba = $200 billion; Rest of 48 countries= $200 billion)
- E-Commerce and Search are the most popular industries Of the top 10 companies by valuation
India-Specific Findings
- Although India graduates over 1M engineers a year, the best leave the profession to chase management roles with higher paychecks. - To convince someone to join a startup, founders sometimes have to convince the entire family! - Indians in general prefer to be traders than makers. - About 40% of startups are in Bangalore. And about one third of new ventures are emerging in ecommerce sector, followed by 24% in B2B softwareBSE 4.99 %. - There are ..
Comments