The Makers Summit 2021: What Product Secrets You Will Learn From Indian Unicorn And Soonicorn Founders
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India, Feb. 20 -- The most crucial factor that sets tech product companies apart from old-economy businesses is the former's ability to scale up exponentially. As we all know, founders, VCs and maverick product makers bet their money, talent and time to build businesses which will provide multifold returns. Therefore, a tech product must achieve hyper-growth, a phase of rapid expansion when a startup grows at 20-40% CAGR and doubles the company's revenues every three-four years. Not every tech startup can reach that height. But companies which do are often considered soonicorns (soon-to-be-unicorns) and generally enter the prestigious unicorn club.
The Indian startup ecosystem had few such companies a decade ago. InMobi was the only prod...
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