Pandemic has forced not only people but also business houses to think of different ways to tackle the situation. As it’s said “Adversity Leads To Innovation” and this quote fits well in this pandemic time. Only those startups were able to strive out of this phase who adopted well according to the situation by changing their business policies suiting the current circumstances. Here is the list of the top 6 businesses that grew very well despite the pandemic.
No doubt, ‘Unacademy’ has become a leading learning platform in India in a very short time. The company raised funding of around ₹1,125 with the help of the contribution from Softbank Vision Fund 2 and the giant social media platform ‘Facebook’ in 2020.
‘FirstCry’ was started in 2010 with the unique idea of providing an online shopping platform for newborn, baby and kids products. Over 10 years, this company has grown into a giant hub and has become one of the top 11 unicorns in India in 2020.
‘Cars24’ was launched in 2015 to provide an easy used car selling option to its users in India. Due to its regular customer accustomed policies, it has become a giant car selling company in India and was able to finally entered the ‘Unicorn club in 2020’.
4. Razor pay
The online payment gateway ‘Razor Pay’ is able to surpass the pandemic challenge efficiently by turning out to be the sixth unicorn startup of India in 2020. It has collaborated with big business houses such as Zomato, Swiggy, Facebook, BookMyShow, Airtel and many more. Razor Pay is growing exponentially day by day and aims to double its user base in the coming future.
The leading online cosmetic and beauty product brand ‘Nykaa’ did exceptionally well during the pandemic and was able to excel too. This happened due to the implementation of new customer-based policies by keeping in mind the current condition.
6. Pine Labs
‘Pine Labs’ is an online merchant payment platform with the tagline “360-degree payment solutions”. Pine Labs has become the talk of the town ever since it grabbed the deal with the leading payment and technology company ‘Mastercard ‘during the pandemic. This deal has made Pine labs one of the leading unicorns of India.