Ola, Swiggy or Zomato – Which unicorn created the most jobs?

Even though India is toasting its 100 unicorns for giving jobs to millions of people, it is important to recognize the role played by infrastructure development, especially low cost data and payment interface (UPI), to make this possible.

Meanwhile, India’s 100 unicorns have created an average of 3,489 full-time jobs so far. While 34 unicorns created less than 1,000 jobs, ranging from 100 to 854, the other 66 created 2.83 million of the 2.84 million jobs.

Among the 66 unicorns, the top 10 take the lion’s share of 2.58 million jobs, accounting for 90.5% of the total.

Ola, with 1.5 million drivers in its ecosystem and 12,000 employees, represents 53% of the total number of jobs created. Next is Zomato, which has 3.5 lakh delivery partners and 4,259 employees, accounting for 12.4% of total job creation.

Flipkart (7.85%), Swiggy (7.19%) and Delhivery (3.10%) complete the top 5 unicorns in the job creation ranking.

But what really helped move the needle was the 2016 launch of the Unified Payments Interface (UPI), a brainchild of the National Democratic Alliance government led by Prime Minister Modi.

Read the full story here.


Editor’s Choice: Guria India

Ajeet Singh, Founder; and Neha, Co-ordinator-Education Centre, Guria India, speaking to His history about the non-profit’s efforts and challenges in rescuing girls and women from child prostitution, second generation prostitution and sex trafficking in northern India.

The NGO’s first major rescue took place in 2005 in the red-light district of Varanasi when Ajeet realized that educational/charity work alone was not enough to prevent child sex trafficking and prostitution and that it had to attack the structural roots of prostitution head-on. Read more.


Spotlight on startups

Meet your favorite celebrities with Celewish

Our favorite celebrities have always occupied a tiny part of our lives. From something as innocent as sticking up posters in the bedroom or copying their idols’ hairstyles to extreme actions like building temples in their name, fans are doing it all in hopes that one day they’ll meet their celebrities. favourites.

Enter CELEWISH, a Mumbai-based phygital dating and hospitality platform, which has recruited over 1,500 influencers, actors, sportspeople, singers and musicians, both national and international. Read more.

One-stop-shop for next-gen D2C brands

A marketplace for D2C (direct-to-consumer) brands, Meolaa aims to redefine the future of shopping by offering products that resonate with the values ​​of next-generation shoppers (millennials, Gen Z and Gen Y) who are more likely to buy durable, high-quality products.

Launched this year by 22-year-old Ishita Sawant, the Bengaluru-based startup has already raised a pre-seed round. Read more.


Before you go, stay inspired with…

Nupur Garg, Founder, WinPE

Dare to dream big and dare even more to achieve this dream.

— Nupur Garg, Founder, WinPE


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