Adani Enterp. 2445.05↓-47.10(-1.89%)
Adani Ports 736.60↑4.55(0.62%)
Apollo Hospitals 4967.30↑153.05(3.18%)
Asian Paints 3237.25↓-3.45(-0.11%)
Axis Bank 926.10↑6.40(0.70%)
B P C L 360.05↓-4.50(-1.23%)
Bajaj Auto 4669.10↑25.50(0.55%)
Bajaj Finance 7023.90↓-16.60(-0.24%)
Bajaj Finserv 1457.25↑7.10(0.49%)
Bharti Airtel 836.50↑8.55(1.03%)
Britannia Inds. 4654.15↑18.90(0.41%)
Cipla 965.85↑1.10(0.11%)
Coal India 230.90↑0.55(0.24%)
Divi's Lab. 3511.60↓-13.80(-0.39%)
Dr Reddy's Labs 4610.45↑58.40(1.28%)
Eicher Motors 3699.40↓-16.65(-0.45%)
Grasim Inds 1710.55↑8.10(0.48%)
H D F C 2645.90↓-0.80(-0.03%)
HCL Technologies 1137.05↓-4.85(-0.42%)
HDFC Bank 1606.50↑2.50(0.16%)
HDFC Life Insur. 576.40↓-5.80(-1.00%)
Hero Motocorp 2892.65↑92.25(3.29%)
Hind. Unilever 2716.70↑18.80(0.70%)
Hindalco Inds. 420.75↑14.40(3.54%)
ICICI Bank 938.15↑2.05(0.22%)
IndusInd Bank 1288.20↓-1.95(-0.15%)
Infosys 1299.00↓-20.50(-1.55%)
ITC 443.40↑3.70(0.84%)
JSW Steel 706.60↑12.75(1.84%)
Kotak Mah. Bank 1938.75↑8.70(0.45%)
Larsen & Toubro 2234.55↑26.75(1.21%)
M & M 1341.40↑22.50(1.71%)
Maruti Suzuki 9485.35↑157.05(1.68%)
Nestle India 22046.45↑172.15(0.79%)
NTPC 174.55↑0.15(0.09%)
O N G C 154.70↑1.05(0.68%)
Power Grid Corpn 234.60↑1.60(0.69%)
Reliance Industr 2455.20↓-8.05(-0.33%)
SBI Life Insuran 1202.50↓-5.25(-0.43%)
St Bk of India 587.20↑4.45(0.76%)
Sun Pharma.Inds. 999.60↑11.90(1.20%)
Tata Consumer 796.05↑2.40(0.30%)
Tata Motors 535.90↑0.70(0.13%)
Tata Steel 108.00↑2.05(1.93%)
TCS 3305.60↓-18.40(-0.55%)
Tech Mahindra 1123.10↑2.30(0.21%)
Titan Company 2861.65↑34.40(1.22%)
UltraTech Cem. 7850.65↑7.85(0.10%)
UPL 683.35↑5.40(0.80%)
Wipro 404.95↓-2.20(-0.54%)

Betting early on multi-baggers: How Unicorn Ventures profit off start-ups

According to a PwC report, the Indian start-up ecosystem saw investments of over $10 billion in the third quarter of calendar 2021 from VCs

Premium

Even then UIV has chosen to be rather conservative and continued its focus on early-stage funding and working closely with founders

5 min read Last Updated : Nov 25 2021 | 6:10 AM IST

Deena Jacob, co-founder of Open, a neo bank, believes that the support from their early investors is what made the bank sustain its growth trajectory in the initial days even when virtual banking was still just a concept in India.

“I certainly agree that our early investor support was extremely crucial for us, especially when some of them backed us when the idea was still on paper. The inbound interest that we have seen from the institutional investors was largely driven by our early investors,” said Jacob.

This was one of the earliest bets that the early-stage investor Unicorn India Ventures (UIV) took in 2017.