Page 11 - Unicorn Companies

CredAvenue enters unicorn club as valuation triples to $1.3 bn in 6 months

Raises $137 million in Series B funding round led by Insight Partners, B Capital and Dragoneer

Slice, a fintech unicorn, completes ESOP buybacks worth Rs 65 crore

Slice had in November last year raised $220 million in a Series-B round that valued the fintech company at over $1 billion

IPL: All about one of India's first unicorns, what to expect from auction

It will be IPL's 15th season this April and this would be the fifth mega-auction, apart from the 10 earlier ones where only some players took part. That makes it one every 365 days

Logistics start-up Xpressbees raises $300 mn to become 8th unicorn of 2022

There have been four unicorn fundraises this week (including Xpressbees)

Xpressbees raises $300 mn in unicorn round, some major investors exit

Logistics start-up that works in 3000 cities across India is valued at $1.2 billion.

Adapt & grow: How India's unicorn boom will impact B-school education

What will happen if the hopes of 75 more unicorns in 2022 actually come true?

Have not terminated services of any employee, says BharatPe Board

The Board said it remains committed to an independent and thorough audit process. It said no action has been taken or will be taken till the audit has been completed

E-commerce startup DealShare expects to hit $1 bn revenue in near term

The firm on Friday night said that it has raised $165 million in the first close of its Series E fund raise, at a valuation of $1.65 billion

Darwinbox is first Saas-based company to turn unicorn this year

Darwinbox saw a huge uptick for its services as the pandemic forced employees to work from home

Facebook declined to spin-off its Workplace app as $1 bn unicorn

Facebook (before it was rebrandeded as Meta) was approached by venture capitalists to spin off its Workplace app and make it a new company valued at over $1 billion. But Facebook declined.

50 more startups with the potential to be unicorns in 2022: Report

India has 50 startups with the potential to achieve the coveted unicorn' status in 2022 and by the end of the year, the list of the new-age companies valued at over $1 billion will be at least 100

We expect unicorn count in India to cross 100 in 2022: PwC's Amit Nawka

CY21 saw fivefold rise in unicorns globally and touched 510

Start-up Inc urges policy push, focus on smaller towns for sector's growth

Founders and investors laud move to celebrate National Start-up Day on January 16 - but say that more needs to be done to help sector

Swadeshi Jagran Manch opposes direct listing of Indian unicorns in overseas

Swadeshi Jagran Manch has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the right to tax gains accruing from businesses built in the country

45-odd Indian start-ups hold promise of entering unicorn club this year

SOONICORN STATUS: By 2025, India expects to add 95 new tech unicorns

LEAD becomes first edtech unicorn of 2022, raises $100 mn in Series E round

The company plans to use the proceeds to achieve its vision of providing quality affordable education to more than 25 mn students with an annual revenue run-rate of $1 bn

Let's target to create 75 more unicorns by 2022-end: Piyush Goyal

The minister called upon stakeholders in the innovation ecosystem to strive to take India to the top 25 in the Global Innovation Index

Gig economy gets pandemic push as online deliveries smash records on NYE

Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India

D2C start-up Mamaearth becomes the first unicorn of 2022 with $52 mn round

Along with launching new brands, Mamaearth's parent company Honasa Consumer will continue expanding distribution for existing brands

Top Headlines: India Inc expects growth in 2022; record unicorns in 2021

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