After Swiggy, five more start-ups are waiting to join billion-dollar club

Freshworks, valued a bit lower at $700 million, is a provider of cloud-based software solutions to businesses across the globe

Swiggy made news last week as it became a unicorn (companies valued at over $1 billion), but at least five more are waiting to join the billion-dollar start-up club. In a shift from the current trend, many of the would-be unicorns do not belong to the pure-play e-commerce universe.
 
According to the data compiled from diverse sources, of the next five companies closest to breach the $1-billion valuation mark, three are business-to-business (B2B) firms — technology-enabled logistics player Rivigo, point-of-sale (PoS) service provider Pine Labs, and software as a service (SaaS) company Freshworks. This puts them on a par