CarDekho Bootstrapped First, Raised Money Later, Acquiring Bootstrapped Startups

According to IBEF, the Indian automotive industry is expected to reach INR 16.16-18.18 trillion (US$ 251.4-282.8 billion) by 2026. The growth is expected to be driven by increasing middle-class income and a young population. Auto portal CarDekho was bootstrapped and profitable for six years before it raised external funding. It is a textbook case study of a capital-efficient startup that has acquired several bootstrapped startups as discussed in my recent article on Bootstrapping to Exit. >>>

Billion Dollar Unicorns: Taxify Makes it Difficult for Uber

There aren’t many stories that one hears about Billion Dollar Unicorn players out of East European countries like Estonia. But ride-sharing service provider Taxify is one such rare gem. The company is already giving Uber tough competition in Europe.

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What Capital-Efficient Startup Should Okta Acquire Next?

According to a Grand View Research report published last year, the global identity and access management (IAM) market is estimated to grow 13% annually to $22.7 billion by the year 2025. The growth is expected to be driven by the rising adoption of cloud services and mobile devices and the continued need to drive compliance to manage insider threat. Billion Dollar Unicorn Okta (NASDAQ: OKTA) reported its third quarter results last month that surpassed market expectations.

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Cloud Stocks: Smartsheet Acquiring Bootstrapped Startups to Drive Growth

According to a MarketsandMarkets research report, the global Enterprise Collaboration Software market is expected to grow from $34.6 billion in 2018 to $59.9 billion by 2023, translating to an annualized growth rate of nearly 12% over the five year period. Billion Dollar Unicorn Smartsheet (NASDAQ: SMAR) recently announced its second acquisition in a bid to keep itself ahead of the pack in this high growth market.

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Espressive Bootstrapped First, Raised Money Later

Last year researcher Forrester released an employee experience playbook focused on driving improvement in overall employee experience. Forrester analysts had also pointed out how enterprises fail when it comes to delivering exceptional services to themselves or their employees. Service providers like Espressive are setting up shop to help enterprise departments overcome these shortcomings.

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Is Zomato acquiring Bootstrapped Startups in India?

A couple of years back, Zomato was floundering as a restaurant search, discovery, reviews, and ratings service. However, with the help of several acquisitions, it diversified into the food delivery sector and has now bounced back into the Billion Dollar Unicorn Club. >>>

Billion Dollar Unicorns: Will Atlas Help Keep Competitors Away from MongoDB?

The stock market has had a turbulent last quarter, but Billion Dollar Unicorn MongoDB (Nasdaq:MDB) seems immune to the fluctuations. Since listing on the Nasdaq in October 2017, the database services provider has seen its stock more than triple. Recent results suggest that the growth is not slowing down soon.

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Billion Dollar Unicorns: Will Hello TransTech Survive in the Chinese Bike Sharing Market?

A recent Research and Markets report estimates the global dockless bike sharing market to grow 21% annually over the period 2017 to 2022. But while global forecasts may sound appealing, China is witnessing an implosion in the industry. In 2017, China had nearly 40 bike sharing companies operating across its cities, with Beijing alone witnessing more than 2.3 million bikes from 15 providers. But since then, a few of these players have shut down and filed for bankruptcy. But recently, Billion Dollar Unicorn Hello TransTech raised additional funding, raising some hope for the industry.

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