International Journal of Social Science & Economic Research
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Title:
INDIAN UNICORN STARTUPS AND THE FACTORS CONTRIBUTING TO THEIR SUCCESS: AN IN-DEPTH ANALYSIS OF PAYTM, NYKAA, AND SWIGGY

Authors:
Siddhi Poddar

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Siddhi Poddar
The Cathedral and John Connon School

MLA 8
Poddar, Siddhi. "INDIAN UNICORN STARTUPS AND THE FACTORS CONTRIBUTING TO THEIR SUCCESS: AN IN-DEPTH ANALYSIS OF PAYTM, NYKAA, AND SWIGGY." Int. j. of Social Science and Economic Research, vol. 7, no. 6, June 2022, pp. 1669-1687, doi.org/10.46609/IJSSER.2022.v07i06.015. Accessed June 2022.
APA 6
Poddar, S. (2022, June). INDIAN UNICORN STARTUPS AND THE FACTORS CONTRIBUTING TO THEIR SUCCESS: AN IN-DEPTH ANALYSIS OF PAYTM, NYKAA, AND SWIGGY. Int. j. of Social Science and Economic Research, 7(6), 1669-1687. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i06.015
Chicago
Poddar, Siddhi. "INDIAN UNICORN STARTUPS AND THE FACTORS CONTRIBUTING TO THEIR SUCCESS: AN IN-DEPTH ANALYSIS OF PAYTM, NYKAA, AND SWIGGY." Int. j. of Social Science and Economic Research 7, no. 6 (June 2022), 1669-1687. Accessed June, 2022. https://doi.org/10.46609/IJSSER.2022.v07i06.015.

References

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ABSTRACT:
‘Unicorn’ is the term given to a privately held startup company with a valuation of $1 billion or more. India has a thriving startup ecosystem, with more companies becoming Unicorns every year due to several market and social changes that have created a nurturing environment to support the growth of such startups. This research paper will evaluate 3 Indian unicorns through an in depth analysis of the factors contributing to their success. Despite the several advantages of the Indian economy, each startup was witness to their own challenges that shaped each’s path uniquely. Although these startups have been proven to have an established customer loyalty and unique selling points that have acquired them large investments and funding, they still fail to make profits. The purpose of this paper is to reflect on the aspects that should result in abnormal profits for each company but have somehow failed to do so, leaving the question of what is actually happening.

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