The vibrant startup ecosystem is working to boost the investment environment in India both from domestic and global investors, according to consulting firm Praxis Global Alliance
Here are the best of Business Standard's opinion pieces on Thursday
Conditions are ripe in a broad range of sectors for strong growth and innovation
Razorpay becomes one of the most valuable B2B fintech start-ups
Private funding is bridging a crucial gap
The 'Silent Transformation of India' is now maturing, creating a fertile ground for growth of new businesses
According to US-based analytics platform CB Insights' database, out of a total of 642 unicorns around the world, India has 29 as of April 2021
The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the country
The app has lured people with its rapid delivery of items ranging from groceries to parcels in cities
Six firms, including these two, have been added to the club just this week
Announcement came shortly after Mohalla Tech, parent firm of short video app Moj and Indic language social media platform ShareChat, said it had raised $502 mn, valuing it over $2.1 billion
The fund currently has nine unicorns in portfolio such as BigBasket, Urban Company Cars24, Rivigo
A snapshot of the key data on Indian companies
Business Standard brings you stories that made the headlines Monday: The Modi government opening up the vaccination drive to the impact of SC waiver on compound interest on debt
Start-ups, the note said, account for a reasonably high 6-7 per cent of new firms in India, and the ratio has risen over the past decade. India is a home to the third-largest set of unicorns globally.
PatSnap, an intellectual property platform, has raised $300 million in its latest funding round led by SoftBank Vision Fund 2 and Tencent Investment, joining a list of global technology unicorns.
Book review of The Economics of Venture Capital Firm Operations in India
The company seeks to offer an enhanced procurement experience to players in the construction ecosystem.
The new funding round brings the total capital raised by Innovaccer to over $225 million.
The Delhi-based fintech company has already returned Rs 102 cr cash to its secondary investors as against the initial angel round of Rs 1.9 cr