Indian Music App Gaana Topping the Charts

According to the Ficci-EY media and entertainment industry report 2018, the Indian music industry was worth $179 million in 2017 and is expected to grow to $434 million by 2020. Digital channels accounted for around 65% of overall music sales. Gaana is a rising star in the Indian music streaming space. >>>

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Billion Dollar Unicorns: Tradeshift Gathers Funds To go Public

According to a recent report, the global supply chain management (SCM) market size is expected to have grown 14% to $12.2 billion in 2017. The market is dominated by SAP which accounts for nearly 27% of the market share, followed by Oracle with 14% share. The growth in the industry will continue to be driven by organizations wanting to adopt cloud-based SCM offerings. Tradeshift is one such cloud offering that has recently joined to the Billion Dollar Unicorn club.

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Billion Dollar Unicorns: Gett Driving to Profits

According to a Energias Market Research report, the global ride-sharing market is estimated to grow 16% annually over the next few years to become a $148.7 billion industry by 2024 driven by the continuing penetration of smartphones. While Uber remains the leader in the global market, there are several regional players that are giving Uber a tough run for its money within their countries. One such player is Israel-based Billion Dollar Unicorn Gett.

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Billion Dollar Unicorns: OutSystems Finally Joins the Club

According to a MarketsandMarkets report published earlier this year, the global market for low-code development platform is estimated to grow from $4.3 billion in 2017 to $27.23 billion by 2022. That translates to an annualized growth rate of nearly 45% over the next few years. OutSystems has been a long-term player in this market. But it is only recently that it entered the Billion Dollar Unicorn club.

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Billion Dollar Unicorns: Automation Anywhere Bootstrapped First and Raised Money Later

According to a Grand View Research report published recently, the global Robotic Process Automation (RPA) market is expected to grow at 31% from $357.5 million in 2017 to $3.11 billion by 2025. A more optimistic report published by Global Markets Insights expects the industry to grow to $5 billion by 2024. Billion Dollar Unicorn Automation Anywhere is basking in the industry’s growth right now as it continues to see valuation and interest in the company skyrocket.

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Billion Dollar Unicorns: India’s OYO Rooms Checks In

In September this year, OYO Rooms checked into the Billion Dollar Unicorn club with a massive funding of $1 billion from Softbank and other investors. It is now the second most valuable startup after Paytm.  >>>

Billion Dollar Unicorns: Luckin Coffee Getting Hot in China

According to an iResearch report published earlier this year, an increasing number of customers in China are shifting to an Online-to-Offline (O2O) model for their daily needs. The Gross Merchandise Value of local lifestyle service O2O in China grew nearly 50% in 2017 to over a trillion Yuan (~$158 billion) driven by the increasing adoption of smart phones, mobile payment services and the emergence of newer products and services within the O2O model. One such player is Luckin Coffee, China’s latest entry into the Billion Dollar Unicorn club.

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Billion Dollar Unicorns: MediaMath Joins the Club

According to a recent report on the global DSP (Demand-Side Platform) market, the industry is estimated to grow 31% annually to $50.5 billion the year 2025 from $5.7 billion in 2017. Billion Dollar Unicorn club member MediaMath is a rapidly growing member in the space.

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Billion Dollar Unicorns: Cohesity is on the Rise

According to IDC, the global enterprise storage systems market increased 21.3% over the year to $13.2 billion during the second quarter of 2018. The market is dominated by bigger established players such as Dell with 19% and HPE with 17% share. Billion Dollar Unicorn Cohesity is a small but emerging player in the space.

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VMware Grows Through Acquisitions

According to a recent report published by Market Research Future, the global server virtualization market is estimated to grow 7% annually through to the year 2023. Another report published by Computer Profile last year pegs VMware (NYSE:VMW) as the market leader with over 75% market share, with Microsoft at a distant second with 17% market share. VMware has been in the news recently due to Dell’s interest in the organization. But first, the financials.

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