Updated: Jan 15, 2022
At the inception of 2021 we started keeping tap of the valuation of all Unicorns in India, subsequent funds raised and the hike in valuations, Startups that emerged as Unicorns during the year and those who lost the coveted status. To share our work with you in a fun and interactive way, we launched our own fantasy investing platform by the name of SIVM. Now that the year has come to a wrap, the numbers have come out beautifully – refer these cards:
Here’s a way to understand these cards: Movement in the Nifty 50 index, which gained 24.1% in 2021, is often considered as representative of how the Indian markets performed during the year. Similarly, we created the Unicorn Index that represents how the startups performed overall, while the sectoral ETFs show how the specific sectors performed in 2021. For eg, the Delivery & Logistics ETF shows that the Startups in this sector grew by a whopping 154% in 2021. You get the idea right?
This article is a part of the December'21 edition of our Startup Newsletter. Here's the complete publication: