StartupSaturday: Top 4 News From India's Startup EcosystemStay tuned to get every day updates in 60 seconds
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
2018 was a year to be remembered for the Indian startup ecosystem. Here's are top 4 startup news of the year:
1. India witnessed a dramatic rise of unicorns in 2018. 8 Indian startups (Oyo Rooms, Zomato and Swiggy, Udaan, Byju's, Paytm Mall, Freshworks and Policybazaar) joined the billion-dollar valuation club this year, taking the Indian unicorn statistics to 18.
2. Flipkart's $16 billion acquisition by Walmart was talk of the town but the eventual exit of both the co-founders made more headlines. While Sachin decided to exchange his shares for $1 billion, Binny Bansal resigned over allegations of personal misconduct.
3.印度企业瞄准了international market throughout the year. While ride-hailing unicorn Ola plans to reach 50 global cities by 2019, Oyo successfully expanded to China, UK and MAE in 2018.
4. Gujarat is the leader in developing start-up ecosystem for budding entrepreneurs. The state has been a top performer in creating start-up policy, incubation hubs and scaling innovation throughout the year.
