Page 17 - Unicorn Companies

Unicorns have created $106-bn value for startup ecosystem in 10 yrs: Report

Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone

India set to have 150 unicorns, $1 bn startup funding deals: Experts

Big tech companies such as Facebook, Google and Microsoft are also eyeing large strategic investments in Indian startups

BharatPe set to become next unicorn after valuation crosses $900 mn

The fintech firm, which competes with players like Pine Labs, Paytm and Mswipe, provides payment technology and digital lending for offline businesses, including kiranas

Udaan plans to grab 10-15% of overall B2B retail market in the next 7 years

The B2B market (excluding industrial goods) stands at $780 billion and on an annualised basis, Udaan has already clocked up $2.4 billion in gross merchandising value

What unicorns' coming of age means for big business and retail investors

While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan

Best of BS Opinion: Unicorns coming of age, Punjab's real problem & more

Here's a selection of Business Standard opinion pieces for the day

Flipkart to Oyo, top 4 unicorns account for half of combined valuation

Indian unicorns notch up valuation of $128.9 bn in 2020; several looking at IPOs

India added 1,600 tech start-up, 12 unicorns in 2020: Nasscom report

Depending on headwinds, 2021 promises to be a positive year for Indian tech start-ups - marching steadily towards a trillion-dollar digital economy goal

India to have 50-plus strong 'Unicorn club' in 2021: Nasscom-Zinnov report

India saw 12 new unicorns being created in 2020, the highest ever addition in a single year, and is on track to have a 50-plus strong 'Unicorn club' in 2021, a Nasscom-Zinnov report said. Unicorns are companies having valuation of more than USD 1 billion. The report titled 'Indian Tech Start-up Ecosystem On the March to Trillion Dollar Digital Economy' said the Indian tech start-up base is witnessing a steady growth of 8-10 per cent year-on-year, and over 1,600 tech start-ups were added in 2020. Although cautiously optimistic, the report said 2021 promises a return to normalcy for the Indian tech start-up ecosystem and deep-tech and new start-up hubs will continue to grow at 40-45 per cent CAGR, it said. India is on track to have a 50-plus strong 'Unicorn club' (companies with over USD 1 billion in valuation) in 2021 (from 38 in 2020), and M&A deals and IPO pipeline are also expected to accelerate in 2021, it added. The report said over 2,100 start-ups are leveraging deep-tech, .

India home to 21 unicorns valued at $73.2 billion: India's top envoy in US

India is currently the third-largest startup ecosystem in the world and is home to 21 unicorns valued at $73.2 billion, India's top envoy in the US has said

Udaan bounces back after Covid-19 doldrums; in talks to raise $150-200 mn

Udaan has products across categories such as lifestyle, electronics, home and kitchen

InMobi Group: This Make-in-India innovator is raring to go places

Glance, the home-grown firm's newest business, has just received major funding from an unexpected source - Google - vaulting the 18 month-old-unit to Unicorn status

InMobi's Glance turns unicorn with $145 mn investment from Google, Mithril

Glance delivers AI-driven personalised content in multiple languages including English, Hindi, Tamil, Telugu and Bahasa on the lock screen of Android smartphones

The four engines that propelled the rise of Cars24, India's latest unicorn

Co-founders of India's latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales

Newest unicorn in town: Cars24 raises $200 mn in Series-E funding

The company was valued at over $1 bn in the funding round led by DST Global

US funds lower valuation of Indian unicorns Paytm, Ola due to Covid: Report

The funds, T Rowe Price and Vanguard, hold about 1% in both companies; while Paytm's valuation has taken a 26% hit, Ola's has suffered a 50% drop

Former Tesla CIO Jay Vijayan's start-up Tekion joins unicorn club

The company raised $150 million at a valuation of over $1 billion in a round led by Advent International

Unicorn tag just a pit stop, hungry for many more laps: Razorpay co-founder

By end of FY21, the firm expects two new streams to contribute to 35% of its overall revenue, with a 100% increase in its count of partner businesses

Six Indian startups that beat the pandemic to become unicorns this year

Three unicorns have emerged in fintech space and one each in software, edtech and beauty space. A unicorn is a privately held startup that is valued at $1 billion or more

Indian unicorns diversifying to newer biz segments ahead of mega-IPO plans

A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans