Chhavideep Singh
Source:
Inventiva
We all are aware of how the COVID-19 pandemic has affected businesses all around the world, with some making unexpected profits and others struggling hard to survive. These were tough times that have changed consumer behaviorism and the way how businesses conduct their business. It is the digital age and digitization has maximized ten-fold in these two years alone, as per statistics. The pandemic was definitely bad news but it has given some businesses an unexpected boost to becoming the top unicorn start-ups across the globe.
CB Insights has collected some valuable data which helps us to enlist the top 15 unicorn start-ups as of October 2021. The data reveals that there are over 800 unicorn start-ups across the globe and Money Control has jotted down the top 15 unicorn start-ups around the world on the basis of their valuation.
What is a Unicorn Start-up?
For those of you who are not so sure about what a Unicorn start-up is, let me tell you exactly what we mean when we talk about a unicorn start-up.
In terms of the venture capital industry, a unicorn is that start-up which crosses a valuation of USD 1 billion. The number of unicorns has gone up in these past few years and with the help of CB Insights, we are able to enlist the Top 15 unicorn start-ups across the globe for you.
Top 15 Unicorn Start-ups (Valuation)- October 2021
1. ByteDance
Source: Forbes
Valuation: USD 140 billion
2. Stripe
Source:
ThimPress
Valuation: USD 95 billion
3. SpaceX
Source:
Al Jazeera
Valuation: USD 74 billion
4. Klarna
Source:
Klarna
Valuation: USD 45.6 billion
5. Canva
Source: ZDNet
Valuation: USD 40 billion
6. Instacart
Source: Business Wire
Valuation: USD 39 billion
7. Databricks
Source:
Wikipedia
Valuation: USD 38 billion
8. Revolut
Source:
TechCrunch
Valuation: USD 33 billion
9. Nubank
Source:
FinTech Futures
Valuation: USD 30 billion
10. Epic Games
Source:
Polygon
Valuation: USD 28.7 billion
11. Rivian
Source:
Top Gear
Valuation: USD 27.6 billion
12. Chime
Source:
CNBC
Valuation: USD 25 billion
13. FTX
source:
ftx.com
Valuation: USD 18 billion
14. Fanatics
Source:
License Global
Valuation: USD 18 billion
15. BYJU’s
Source:
Mint
Valuation: USD 18 billion
These are the top 15 unicorn start-ups across the globe as per the data fetched by CB Insights for October 2021, based on valuation.
While most of these start-ups are from the United States, China and India are also seen on the list.
BYJU’s is a multinational educational technology company that represents India on the list and becomes India’s most valuable unicorn start-up. On the other hand, the top position in the list of top 15 goes to TikTok parent, ByeDance.
Source: Money Control, CB Insights