India’s social commerce market is expected to grow to $20 billion by 2025, up from $1-$1.5 billion in 2020. Analysts believe that social commerce can help connect more than 40 million small entrepreneurs across India. 85% of retailers using social commerce are small, offline-oriented business owners who are looking up to social commerce to drive
About 57 million credit cards cater to the premium market in India. The Indian credit card industry is dominated by four banks that account for 70% of the total market. Unicorn CRED is making big moves in this industry.
The Indian construction market is expected to grow at 11% CAGR from 2021 through 2026 as rapidly evolving technology is redefining how construction business is conducted and managed in India. Infra.Market is an Indian unicorn that is disrupting the construction industry in the country.
The global healthcare analytics market is projected to grow at 29% CAGR to reach $75.1 billion by 2026 from $21.1 billion in 2021. The use of analytics is helping healthcare providers reduce healthcare costs and improve the quality of care. Innovaccer is one player integrating several data sources to help reduce healthcare costs in the
According to a report published last year, India’s non-life insurance premium market grew 20% last July to $2.1 billion driven by a strong performance from the health and motor segments. According to S&P Global Market Intelligence data, India is the second-largest insurance technology market in Asia-Pacific, accounting for 35% of the $3.66 billion InsurTech-focused venture
Like with the US, India’s stock market had a bumper year in 2021. Interest rates in the country kept depleting, but the markets were surging. 14.2 million new stock Demat accounts were opened in FY21 in India and they grew 26% to 51.5 million accounts. Most new investors are attracted by the record-high stock index
The Indian tech market has seen a spate of unicorns recently. Gurugram, Haryana-based Pristyn Care is a healthcare-focused startup that recently joined the Unicorn club. The company focuses on providing improved healthcare services in Indian cities.
The global online recruitment market is expected to grow at 7% CAGR from $29.3 billion in 2021 to $47.3 billion by 2028. Santa Monica-based ZipRecruiter (NYSE:ZIP) went public earlier this year, and continues to deal with the uncertainties of the pandemic world.