If we talk about the greatest number of unicorns founders, IIT (Indian Institute of Technology) always tops the list.
As per the new research by a UK-based Sage (accounting and Payroll Company), IITs is in the 4th position in making unicorn start-ups in the world.
Now you must be thinking, what are unicorns? Let me clear your doubt a unicorn is a start-up company that has a value of more than $1 billion.
Bharat Pe was launched by Ashneer Grover and Shashvat Nakrani in the year 2018. They are alumni of IIT Delhi. In 2018 they launched India’s first UPI interoperable QR code. And the first zero MDR payment acceptance service. Bharat pe currently serves over 70 lakh merchants across more than 100 cities.
Flipkart is one of India’s biggest e-commerce companies. It was founded by Sachin Bansal and Binny Bansal in October 2007. They grew up in Chandigarh and later studied at IIT Delhi. Initially, they worked in different companies and at last, ended up in Amazon. Here they got the idea to start their e-commerce site. They raised ₹2 lakh investment each from their family and started Flipkart in October 2007. At first, it sold only books from retailers.
Ola was founded by, Bhavish Aggarwal and Ankit Bhati. They are computer science engineers from the Indian Institute of Technology, Mumbai. They built one of India’s most valuable unicorns within 6 years of leaving campus. While Ankit Bhati looks after the technical aspects of Ola. Bhavish manages customer relations.
Deepinder Goyal and Pankaj Chaddah tried an experiment at their workplace in 2008 that turned into a $660 million global business. Both of them are IIT Delhi graduates. They became acquainted with each other while working at the firm Bain & Co. Deepinder and Pankaj started the online restaurant discovery platform, Zomato. They are also continuing their day jobs. Zomato does business in around 20 countries and employs over 1,000 people. It caters to upward of 35 million users per month.