+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

It took Infosys 18 years to become a billion dollar company! Hike did that in just 3 years

Aug 23, 2016, 12:35 IST

Advertisement

India’s indigenous messaging app Hike recently raised $175 million from Tencent and Foxconn on Tuesday, thus becoming the fastest Indian tech start-up to enter the elite Unicorn club with a billion dollar valuation.

It took the New Delhi-based start-up only 3 years and 8 months to achieve the feat, and in comparison to that, India's most valued tech company Flipkart took five years to enter the club, while Ola took its own sweet time of about four and half years.

Talking of veterans, IT industry giant Infosys took about 18 years to cross the milestone, says its annual filings.

One can argue that these private valuations are just vanity metrics, not indicating company’s actual values, unlike the oldies Infosys, MakeMyTrip and Info Edge, which have public market values.

Advertisement

Have a look at the journey of famous Indian companies that are a part of the Billion Dollar club, made by ET:



Image source
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article