The Wonder land of Unicorns

India recently celebrated its 100th unicorn when neo banking finTech portal, open, raised fresh capital to push its value to over a billion dollars. Remember, just five years ago. India had only 14 unicorns. It’s pretty clear that the country now has a better setting for startups to thrive. In fact, the major wedge of the 100 belongs to Bangalore and Mumbai.

Bangalore has found ways to make businesses do wonders in the city and even create new markets. It is nothing new for the city. Ola venturing into electric scooters based out of Bangalore is a case in point. Ola electric scooters opened pre-booking last month, and on the very first day, the company claims to have sold scooters worth ₹600 crores. Ola claims it has sold four scooters every second in just 24 hours! Putting this in context, it is equivalent to the sales of the entire Two Wheeler segment. It’s incredible to witness entrepreneurs making things possible from the impossible scenarios.

Bangalore today has set up the perfect climate needed for you to launch your startup, especially in the digital world. With some courage, an investment source, and a vision to deliver seamless customer experiences using technology to the fullest, you can set off your dream entrepreneurial venture in the city. A good marketing strategy will take you a long way as well. In this issue of CEO Insights, we have carefully curated an index comprising some of the successful corporate leaders who belong to the city. Do let us know your thoughts.