The start, not the end, of Unicorn seeding

In the first part of this four-part ser­ies, we saw how the advent of private equity is reshaping India’s corporate landscape. In the second, we explo­red the progress in layers, driving rapid and broad-based grow­th. In this part, we focus on enablers in sectors seeing clusters of unicorns.   Take Software-as-a-Service (SaaS), where we found a dozen unicorns, and expect that number to rise by several multiples in a few years. While this would not have been possible without India’s large pool of trained software engineers, it has been catalysed by the changing na.....

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