Page 12 - Unicorn Companies

Record number of unicorns in 2021 as race for such valuation takes longer

Karnataka has emerged the biggest source of start-ups in India

Unicorns turn into strategic investors; Zomato grabs a big pie

Byju's, Flipkart, PharmEasy and CRED, among others, have taken the acquisition route to grow

A selection of the five best books in a year of start-ups and unicorns

Looking back at 2021, we take note of the top start-up-related books published this year that shed new light on this space

Edtech needs to self-regulate before strict norms enter the scene: Industry

Govt advisory half-hearted, won't help curb malpractices in sector: Activists

India displaces UK to be third top country hosting unicorns: Report

However, the US and northern neighbour China, who occupy the first two ranks, are way ahead, according to the data compiled by Hurun Research Institute

Has 2021 been a watershed moment for India's e-commerce industry?

New forms of online distribution and business models like live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech and D2C roll-up have made their mark this year

What explains India's unicorn boom in 2021?

This year was great for startups in India -- 42 of them went on to attain the unicorn status. More startups entered this club in 2021 than all previous years combined. What drove this unicorn frenzy?

TMS Ep69: RBI tokenisation, Abhijit Bhave, unicorn boom, net-zero

What's RBI rule on online transactions mean for consumers and merchants? When will FPIs turn to India again? What explains India's unicorn boom in 2021? How can the world achieve net-zero targets?

Best of BS Opinion: The limits of unicorns, managing spending bulge & more

Here are the best of BS Opinion pieces of the day

The limits of unicorns

Start-ups cannot be a growth engine for the Indian economy

Byju's 13th most valued unicorn, first Indian start-up to reach $21-bn

India could surely have had more $10 billion plus start-ups in 2021 had it not been for the pandemic

Top headlines: New rules for international arrivals; Spinny latest unicorn

Business Standard brings you the top stories on Tuesday

At $4.5 billion, investment in SaaS companies grows 170% in 2021

India now has 13 SaaS unicorns and between 7 and 9 companies with $100 mn+ annual recurring revenue (ARR)

PM Narendra Modi likely to meet several unicorn founders next week

There are currently 77 unicorns in the country, of which 40 have entered the club this year, according to data from Venture Intelligence

Fintech start-up slice turns India's 41st unicorn in 2021, raises $220 mn

slice issues prepaid visa cards with a credit line that allows users to get credit card-like benefits as well as build their credit score.

Upstox turns unicorn with funding from Tiger Global at over $3 bn valuation

The funding round is said to be led by existing investor Tiger Global and is still ongoing

Big four professional services firms see big growth post Covid-19

Tech adoption by businesses, rise of unicorns, M&A activity drive gains

Udaan eyes funding to become largest B2B retail player in Asia

The company has already raised $1.2 billion and is currently valued at $3.1 billion

Karnataka sets up fintech task force with Razorpay, Zerodha founders

The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem

Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team

Business Standard brings you the top stories from today