The start, not the end, of Unicorn seeding

Conditions are ripe in a broad range of sectors for strong growth and innovation

In the first part of this four-part ser­ies, we saw how the advent of private equity is reshaping India’s corporate landscape. In the second, we explo­red the progress in layers, driving rapid and broad-based grow­th. In this part, we focus on enablers in sectors seeing clusters of unicorns.
 
Take Software-as-a-Service (SaaS), where we found a dozen unicorns, and expect that number to rise by several multiples in a few years. While this would not have been possible without India’s large pool of trained software engineers, it has been catalysed by the changing nature of software, and how it is