OYO, Ola backer Sequoia not SoftBank is India’s biggest unicorn investor; backed this many top startups

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Published: August 26, 2020 2:38 PM

With seven unicorn investments, Japan’s SoftBank was the second in the tally followed by the UK’s Steadview Capital with seven investments in Ola, Lenskart, Policy Bazaar, Unacademy, Dream11, Nykaa, and Freskworks.

SAIF Partners at fourth and Matrix Partners along with Nexus Venture Partners were at fifth position in the Hurun India Unicorn Investors 2020 list.

Prominent startup backer Sequoia has emerged as the biggest backer of unicorns having invested in as many as nine such startups including Byju’s, OYO, Ola, Paytm Mall, Zomato, BigBasket, and Unacademy on the B2C side and Druva and Freshworks on the enterprise or SaaS side, according to a report published by Hurun on Wednesday for leading investors in Indian unicorns. With seven unicorn investments, Japan’s SoftBank was the second in the tally followed by the UK’s Steadview Capital with seven investments in Ola, Lenskart, Policy Bazaar, Unacademy, Dream11, Nykaa, and Freskworks. SAIF Partners at fourth and Matrix Partners along with Nexus Venture Partners at the fifth position were other top investors in the Indian unicorns.

to be updated…

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