30 Indian Soonicorns With Potential To Be Unicorns By 2020 [Part 2]
2 April 2019 10:05 AM IST
Of the total 30, 10 Indian soonicorns fall into the ecommerce category, seven in fintech and four in consumer services.
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- It has developed partnerships to finance SMEs across various ecosystems such as ecommerce, manufacturing supply chains, retail, travel and hospitality, and digital remittances.
- Droom has in-built tech and data science tools to create the entire ecosystem around used automobiles, including OBV (pricing engine), Eco (121 points vehicle inspection), History (200 Mn vehicle history records), Discovery (dozens of pre-buying tools) and Credit (a marketplace for used vehicles' loans).
- The company raised its last funding round of $31.5 Mn in March 2019 and now looks to expand its services to the organised retail sector with features like inventory management, billing and others, added to card transactions.
- Its portfolio addresses challenges in raw material procurement, finance, maintenance, repair and operations needs.
- The fintech platform of the company - FinanSME.com - connects SMEs with empanelled and the SMEShops.com platform addresses the maintenance, repair, and operating supply needs of SMEs.
- Owned by Busybees Logistics Solutions, Xpressbees provides services such as last-mile delivery, reverse logistics, payment collection, drop shipping, vendor management, cross-border services, fulfilment services and tailored software solutions.
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