Placeholder canvas

Which start-ups with an Indian link found mention in Meeker report? Read here

Date:

Seven start-ups with an India connection have found their way into Mary Meeker’s Internet Trends 2018 report. These startups have been founded or co-founded by first-or second-generation immigrants of Indian origin and are among the most valued tech companies in the world.

“Immigration remains important for US tech companies. More than half of the most highly valued tech companies in the US are founded by first or second generation immigrants. Uber, Tesla, WeWork, and Wish all have first-generation founders,” says the report.

ALSO READ: Maximum city works the longest; a comparison with the top cities of the world

Meeker added, “China and India and the US are the only markets that have relative GDP that is rising, others are falling.”

Meeker, a general partner at venture capital firm Kleiner Perkins Caufield & Byers, presents her Internet Trends reports on the tech industry every year and they have become an annual event.

Last week, she presented her annual report on Internet Trends 2018 at Recode’s Code Conference at Rancho Palos Verdes in California, US. This time around she focused on the falling prices of devices, proliferation of WiFi networks, digital payments, messengers, and new content types.

ALSO READ: 94% of IT grads not fit for hiring, says Tech Mahindra CEO

Seven Indian Origin Tech start-ups with Indian connection

The tech startups founded or cofounded by Indian-origin immigrants that found a mention

  1. Instacart: Grocery delivery start-up

Founder: Apoorva Mehta
Market value: $4 billion

2. Bloom Energy: Brings affordable clean energy to all

Founder: Dr K R Sridhar
Market value: $3 billion

3. RobinhoodFinancial services company

Founders: Baiju Bhatt, Vlad Tenev (Bulgaria)
Market value: $6 billion

4. Zenefits: Easily accessible health insurance

Founder: Laks Srini
Market value: $2 billion

5. Sprinklr: Unified customer experience management platform

Founder: Ragy Thomas
Market value: $2 billion

6. Rubrik: Cloud data management platform

Founder: Bipul Sinha
Market value: $1 billion

7. Actifio: Data-as-a-Service (DaaS) platform

Founder: Ash Ashutosh
Market value: $1 billion

 

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

IPL 2024: Chasing Mounting Total, LSG Succumb To KKR Bowling Attack, Concede 98-Run Defeat

With the massive against the Lucknow-based franchise, KKR moved to the top of the table with 16 points and a net run rate of +1.453

Israel Shuts Down Local Al Jazeera Offices In The Country 

Al Jazeera said the accusation that it threatened Israeli security was a “dangerous and ridiculous lie” that put its journalists at risk

IPL 2024: Narine’s Explosive Fifty, Salt, Ramandeep Cameos Guide KKR To 235/6 Against LSG

Phil Salt started the assault by smashing Marcus Stoinis for two boundaries on the first two balls of the innings

UK: Labour Party Wins Key Mayoral Polls In A Fresh Blow To PM Sunak

These victories, which mark Labour's most recent in Thursday's local elections for mayors and councils, may encourage more calls for Sunak to resign as prime minister of the United Kingdom