Nirmit Parikh Quit Job At Apple, To Create Jobs Platform 'Apna,' Which Turned Unicorn In Just 2 Years
For the Indian blue-collar industry in 2019, Nirmit Parikh made the decision to launch the employment website Apna. He left his job as an Apple technician and returned to India right before the Covid-19 outbreak to launch the firm that became a unicorn in two years. Today, the platform's Android app has over 1 crore downloads. Apna's clients include Shadowfax, Zomato, Delhivery, G4S Global, and Burger King.
Tags: CEO, Nirmit Parikh, Apple, Indian Unicorn, Apna
Courtesy: DNA INDIA
Nykaa Set To Sail Through IPO; To Seek $4 Billion Valuation
Indian beauty brand Nykaa is heading towards filing for an initial public offering (IPO) that could value the brand at more than $4 billion. The leading beauty product brand, founded by Falguni Nayar will file its DRHP with the market regulator SEBI (Securities and Exchange Board of India) in the next few days. It plans to raise at least $400 million or more in revenue by selling 10% of equity.
Tags: IPOs, Indian Unicorn, Beauty Brands, Indian Startups
Courtesy: Bloomberg Quint
Insurance Company Digit Becomes First Indian Unicorn Of 2021
Digit Insurance, a leading general insurance company, has become the first Indian Unicorn of 2021 with a market value of $1.9 billion. Reportedly, the insurtech startup registered a growth of 31.9% in 2020. The company had introduced many policies during the pandemic to insure people against COVID-19 and vector-borne diseases. Founded in 2016, Digit Insurance was the only Indian company to be featured in the global Fintech 250 list by CB… read-more
Tags: Digit Insurance, Insurance company, Prem Watsa, insurtech startup, Indian Unicorn
Courtesy: Business Insider