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Time Taken to Turn Unicorn


  • Fastest to turn Unicorn - Ola Electric which is an offshoot of Ola saw its valuation rise from $1,300 to $1 Billion in a span of 2 months.

  • Paytm Mall which is an offshoot of Paytm became a Unicorn within 24 months.

  • Udaan is the fastest startup to have started from scratch and reach the Billion Dollar mark in 25 months.

  • Median time taken for startups to turn into unicorns is 7 years.


 

This article is a part of the June'20 edition of our Startup Newsletter. Here's the complete publication:


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