According to a recent MarketsandMarkets report, the global cloud billing market is expected to be worth $16.59 billion by the year 2021. The cloud billing market was estimated at $5.7 billion last year, thus translating to a 24% annual growth rate over the next five years. San Francisco-based Aria is a leading player in this industry.
According to World Bank data, India has just 0.7 physicians per 1,000 people compared to 2.8 and 3.5 in the UK and US, respectively. Access to healthcare is one of the pain points that Bangalore-based healthcare startup Practo tries to address. >>>
According to IDC, global revenues for Big Data and business analytics are estimated to grow 12% annually to $203 billion by the year 2020 from $130.1 billion in 2016. Santa Cruz-based Looker is a potential Billion Dollar Unicorn club member in the industry. >>>
According to a research report by PQ Media, the global content marketing market size is estimated to grow to $313 billion by 2019 from $200 billion in 2016. Within the space, there are two key players who dominate the market – Taboola and Outbrain. Once potential members of the Billion Dollar Unicorn club, the two companies are now looking to merge.
If there is one company that has made the process of a successful listing on the stock exchange look easy, it is Los Angeles-based BlackLine (Nasdaq: BL). BlackLine went public last October despite the weak IPO market and has sailed smoothly ever since. It shows how the market still values a good business model coupled with good finance governance. BlackLine was recently awarded the IPO of the Year Award by ACG LA.
According to Inc42, of the 105 foodtech startups launched in India, only 58 were active in 2016. Once considered attractive by investors, the market is overcrowded, overfunded, and plagued by price wars as well as weak logistics and delivery infrastructure. Swiggy is a recent entry to this overfunded club. >>>
Earlier this quarter, Chinese news aggregating site Toutiao raised a whopping $1 billion for its expansion. The round valued the company at nearly twenty times the valuation that it had secured two years ago – making its position secure in the Billion Dollar Unicorn club.