A slew of accelerator programmes are reaching out to a segment that has been attracting a tiny share of the funds raised by the entire Indian startup ecosystem
Edtech venture Toprankers has raised $4 million (about Rs 31.3 crore) in Series A funding from consumer fund Sixth Sense Ventures.
Startups with a valuation of $1 billion or more, also called unicorns, are likely to take on lease 8.1 million square feet of office space during 2022-24 period across six major cities, a report said
Adani, Ambani, Shriram have acquired small drone start-ups to find a foothold in the sector
Chennai-based startups use EV and augmented alternative communication to offer solutions that allow their special customers to lead much more normal lives than they could otherwise
Hachidori's robots do not need expensive infra like magnetic strips or QR codes. The firm aims to provide Autonomous Mobile Robots (AMR) that are easily deployable and affordable
In his monthly 'Mann ki Baat' radio broadcast, the prime minister said that on the fifth of this month the number of unicorns in India reached the 100-mark
The round was led by venture capital firm General Catalyst, alongside other VCs including Better Capital and Eximius Ventures
The event will be held at the Brilliant Convention Centre in Indore in the presence of MP Chief Minister Shivraj Singh Chouhan, the official from the public relations department said
How sustainable are Indian unicorns? Will a rise in input cost and interest rates hit real estate recovery? What are the markets expecting from US Fed Policy? What is a spam bot? All answers here
India has the highest number of unicorns after the US and China. Let's examine if they are creating a sustainable business model, and if their valuations are on par with their fundamentals
It was the second-best quarter in the bank's history and net profit was 30% higher compared with the previous quarter, and higher than the average estimate of SGD 1.63 billion from six analysts polled
The capital raised will be used to accelerate the company's growth and expand its team, technology and brand building initiatives, the company said
Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.
The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem
The Mesh platform continues to successfully manage a wide pool of modern soon-to-be unicorns and unicorns across sectors, including ShareChat, CRED, Groww, Pipefy and others.
Indian tech startup ecosystem has attained a threshold of maturity in the last few years which makes it attractive for large PE players
Meanwhile, a recent report said that accelerated funding activity is expected to create over 100 unicorns in India during 2022
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
He said that the recognised startups are spread across over 640 districts and have reported a creation of more than seven lakh jobs with an average of 11 jobs being created by them