51 Indian Startups Now Valued Above $500 Million
A new report counts 51 Indian startups valued above $500 million, but only a small number of them are AI companies. Together they are worth about Rs 3.3 lakh crore and employ over 60,000 people, averaging around Rs 6,400 crore each.
Quick glossaryYourStory, valuation, lakh crore
- YourStory
- An Indian online news website that covers startups, new businesses and the tech industry in India.
- valuation
- The estimated total worth of a company, based on what investors believe it is worth, not on its daily sales.
- lakh crore
- An Indian number unit equal to one hundred thousand crore, which is a very large amount of money.
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