Unicorn India Ventures

Unicorn to add 50 Apple stores, aims for ₹6,000 cr revenue in 3 years

Unicorn Infosolutions, iPhone maker Apple's biggest premium retail partner in India, plans to open 50 new stores and increase revenue in the range of Rs 5,500 crore to Rs 6,000 crore in the next three years, a top official of the company said. Unicorn Infosolutions, Director, Baljinder Paul Singh, said the company is bullish on the growth of Apple and demand for its product in India, which remains unabated by rising memory chip prices. "The growth of the base of our customers is strong, and the aspiration to buy Apple is strong. Since we are opening a lot of stores in tier 3-4 cities where people haven't got a chance to see a demo of an Apple product, there is a huge potential for all the residents in tier 3 and 4 cities," he said on the occasion of the opening of Unicorn's 100th store here. Unicorn opened its very first single-brand store in Ahmedabad in 2006 and thereafter it has been expanding its outlets across North and West India. " "Being the largest sales and service partn

Unicorn creation surges 40x in decade as AI founders grow younger: Report

Unicorn creation has accelerated 40-fold worldwide in a decade, with AI startups reaching billion-dollar valuations faster and founder ages dropping significantly, an Antler report shows

IIT Madras, Unicorn India Ventures launch ₹600 crore deep tech fund

The fund will look to build a portfolio of over 25 companies in IP-led, engineering-heavy startups in sectors such as robotics, spacetech, defencetech, semiconductors and medtech

Unicorn India Ventures to close ₹1,200 cr Fund III by December 2025

The VC firm has raised over ₹1,000 crore and plans to invest 80% of Fund III in deep-tech, defence, and semiconductor startups across 20 companies

Spacetech startup OrbitAID raises $1.5 million in pre-seed funding round

OrbitAID plans to use the funds to conduct an in-space demonstration of docking and refuelling operations, expand facilities for on-orbit servicing operations

QubeHealth gets pre-series A funding from Unicorn India & CanBank VC

The investment positions QubeHealth for its upcoming Series A round, targeting $9 million at a valuation of Rs 270 crore

Unicorn India Ventures eyes a new chapter, aims to be a cross-border fund

Cross-border funds have their unique advantages: they allow funds to build strong connections in two countries and create a network that encompasses both regions

$5 bn for EV, 20 unicorns women-led: Path of Indian startup boom since 2014

Despite the challenges due to persistent funding winter, Indian startups received $8.4 billion in funds from domestic and global investors in 2023

India share of venture capital funding lowest in 5 years, shows data

While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22

Unicorn India Ventures announces first close of Fund III at Rs 225 crore

With Fund III, UIV aims to build a portfolio of 25 startups that are focused on global SaaS and digital platforms, areas of expertise for Unicorn India

S Chand to sell its entire stake in iNeuron to PhysicsWallah for Rs 14 cr

Education content company exits second edtech investment, after dropping out of Testbook Edu Solutions

upGrad's acquisition of test-prep provider Exampur may hit roadblock

Disagreement over valuation of Noida-based company which wants more from the deal, says source

Flipkart, Polygon partner to speed up Web3 & Metaverse e-commerce use-cases

To set up Blockchain-e-commerce Centre of Excellence towards this end

Esports tournament platform Gamerji raises $3 mn in pre-series A funding

Funds raised will be used for the company's foray into Southeast Asian markets, starting with Indonesia and Philippines

Disruptive tech is fueling investment and innovation in Indian HR Tech

As the pandemic pushed organizations to work remotely, the HR Tech space saw an influx of investments

Unicorn Meesho joins ONDC to connect hyperlocal sellers and customers

E-commerce firm's pilot will be launched in Bangalore and later rolled out in other locations over a few months

DealShare launches private brands, plans Rs 500 cr investment in 2-3 years

Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years

India edges out China in creating new unicorns in H1CY22: Hurun report

As many as 147 unicorns worldwide saw their valuations drop in the last six months

Daalchini Technologies raises $4 mn Series A led by Unicorn India Ventures

Other participants in the round include Artha Venture Fund, former Dominos India CEO Ajay Kaul, and VSS Investco (investment vertical of Paytm CEO Vijay Shekhar Sharma)

Online pharmacy platform Tata 1mg turns unicorn after raising $40 mn

Funding round was led by Tata Digital; Tata 1mg has become 105th unicorn in India