We’ve not even crossed halfway into 2021 and India already has its 15th unicorn.
The funding round was led by BOND, with participation from Insight Partners and existing investor Accel, which had invested $50 million in a Series A round in 2018.
Ritesh Arora, Co-founder and CEO of BrowserStack, told YourStory,
“This funding will allow us to explore the different ways in which we can bring new products to market — via acquisitions, acqui-hires, and by investing more heavily in our product and engineering teams.”
Founded in 2011 by Ritesh Arora and Nakul Aggarwal, BrowserStack has been a category leader in software testing on the cloud and counts over 50,000 customers and more than 4 million developer signups, catering to giants such as Microsoft, Twitter, and Barclays.
Six months into 2021, the number of Indian startups reaching the coveted $1 billion valuation has already surpassed the 2020 tally, as well as excelling an earlier NASSCOM projection that had stated that India will have 50 unicorns before 2021 ends.
Read all about how the Indian startup ecosystem is battling the second wave of COVID-19 here.
Here are some useful tools to help you find the nearest vaccine centres in real-time.
Coming from a small town in Andhra Pradesh, Dr Shrilakshmi Desiraju did not get the kind of exposure that most entrepreneurs get. She co-founded pharmaceutical research and development startup Triphase that is dedicated to research on probiotics and its inter-related areas
In a conversation with YourStory, Dr Shrilakshmi Desiraju talks about her journey of being a pioneer in the probiotics space and building a startup, as well as creating innovative, unique products in the biotech spectrum from Mysuru.
Editor’s Pick: Product Roadmap
Using AI and ML to help digital businesses improve user retention
Having years of experience, Anand Jain, Sunil Thomas, and Suresh Kondamudi realised that an app’s user experience can only be achieved if it is able to show the right content to the right user, on the right channel, and at the right time.
They built CleverTap to help digital businesses significantly improve user retention by building valuable, long-term relationships with customers. Today, leading brands such as Zomato, Dream 11, and Nykaa use CleverTap to create dynamic mobile experiences. Read more.
Founders of CleverTap
Since the start of the pandemic, India has witnessed a boom in audio content consumption, with audio apps growing by 3-4x in terms of DAUs.
Riding on this shift brought by increased digital penetration, low-cost mobile data, and the growing availability of on-demand audio content in local languages, vernacular audio streaming startup Pocket FM crossed one crore installs and two billion listening minutes. Read more.
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