Page 14 - Unicorn Companies
Quikr no longer a unicorn, Swedish investor pares valuation by 45%
Scandinavian firm refers to exaggerated revenue resulting from fraudulent transactions that rocked the company
 "Quikr no longer a unicorn, Swedish investor pares valuation by 45%")
The rise (and rise) of the family office
Unicorns are toppling older industrialists who have got quashed under debt and distracted diversifications
 "The rise (and rise) of the family office")
Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year
The decade has seen an impressive 25x growth in terms of the total funding raised by the startups.
 "Indian start-ups raised a record $14.5 bn in 1185 funding rounds this year")
Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held
Masayoshi Son-led SoftBank made massive investments in the Indian startups, biggest funding round
 "Indian startups raise a record $14.5 bn in 2019, 459 Series A rounds held")
Bengaluru firms claimed 45% of all investments in Indian startups in 10 yrs
The city, which has seen its startups raising $31 bn in the past decade, is home to 44% of India's unicorns and 43 per cent of 'soonicorns'
 "Bengaluru firms claimed 45% of all investments in Indian startups in 10 yrs")
Data protection startup Druva crosses $100 mn in annual recurring revenue
This June, the company had raised $130 million to become a 'unicorn'
 "Data protection startup Druva crosses $100 mn in annual recurring revenue")
Seven new unicorns added in first eight months of 2019, 50 more waiting
Nasscom annual start-up report also says that more number or early and mid-stage firms are now raising funds as compared to earlier time
Number of 'unicorn' startups in China exceeds US number for first time
There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups -- known as "unicorns" -- in June 2019
 "Number of 'unicorn' startups in China exceeds US number for first time")
Rivigo set to join club of profitable Unicorns, achieve cash break-even
Rivigo is working on building a RaaS to bring benefits of its disruptive relay trucking model
 "Rivigo set to join club of profitable Unicorns, achieve cash break-even")
With more than 7,000 start-ups, Delhi-NCR emerges as India's unicorn hub
NCR's start-up ecosystem has incredible momentum, says TiE Delhi-NCR and consulting firm Zinnov
 "With more than 7,000 start-ups, Delhi-NCR emerges as India's unicorn hub")
Focusing on needs of consumer, India's unicorns are like workhorses
India's four largest unicorns are in online payments, e-commerce, ride-hailing and education
 "Focusing on needs of consumer, India's unicorns are like workhorses")
4 new unicorns push up venture capital inflows to a record $8 bn in 2018
Deal size grew considerably in the reporting year, which is a sign of the increasing maturation of the VC market here
 "4 new unicorns push up venture capital inflows to a record $8 bn in 2018")
Unicorn funding: Hype or sustainable model?
Another major bottleneck in case of exits is the lack of simplified IPO procedures
 "Unicorn funding: Hype or sustainable model?")
India's 'Unicorn' producing gathers pace, 8 new startups join club in 2018
Average time taken by startups to be a $1 billion firm now stands at 5-7 years, next only to China, says Nasscom report
Unicorns maybe less valuable than they claim to be
Unicorns companies is a term for private companies that are said to be worth more than $1 bn
 "Unicorns maybe less valuable than they claim to be")
Graphic: The world of unicorns
A variety of societal, economic, and financial forces are creating more unicorns every day
 "Graphic: The world of unicorns")
