Page 5 - Unicorn Companies

Unicorn Gupshup acquires OneDirect to strengthen conversational platform

Gupshup became a unicorn last year after it raised $100 million in funding at a valuation of $1.4 billion.

Fintech unicorn Slice raises $50 mn funding led by Tiger Global, others

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

Indian startups continued to create value, wealth during pandemic: PM Modi

Noting that the number of unicorns in India has reached the 100-mark, Prime Minister Narendra Modi said that even during the Covid pandemic, India's startups continued to create wealth and value

You can't raise cash to blow it up: Ronnie Screwvala on layoffs at unicorns

In a Q&A, the upGrad chief said it is a 'lame excuse' for founders for tech unicorns to blame the situation on factors like the war in Europe and funding crunch

Are Indian startups staring at a tough future after a blockbuster year?

The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising

India will rival US in churning out internet tech cos: Rise Capital founder

In a Q&A, Nazar Yasin dwells why he left Tiger Global, and how Rise Capital stood out from the crowd with its focus on emerging markets and Indian regulatory changes

Byju's in talks to raise up to $700 mn, valuation may cross $15 bn

The funding is expected to help Byju's to fund its acquisitions, including the up to $700 million deal to buy Aakash Educational Services, according to sources

Ather Energy raises $128 mn led by NIIF's SOF, Hero MotoCorp & others

While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance

Explained: Why India is adding unicorns at a slower pace than 2021

According to a recent survey by Iron Pillar Funds, India is set to have 250 unicorns by 2025

MPL launches Mayhem Studios to step up development of mobile games

The studio will have a team of professionals in the area of animation, art, cinematics, design, engineering, UI and UX game design and game production.

A century in style: Fintech firm Open becomes India's 100th unicorn

The countdown for 100 unicorns had begun early in the year itself but the Russian attack on Ukraine had paused the startups' rush to touch the $1-billion valuation

TMS Ep163: Indian unicorns, real estate recovery, US Fed Policy, spam bot

How sustainable are Indian unicorns? Will a rise in input cost and interest rates hit real estate recovery? What are the markets expecting from US Fed Policy? What is a spam bot? All answers here

How sustainable are Indian unicorns' business models?

India has the highest number of unicorns after the US and China. Let's examine if they are creating a sustainable business model, and if their valuations are on par with their fundamentals

Next unicorn will be firm working on semiconductors: Rajeev Chandrasekhar

Union Minister says small firms are 'truly catalysing'' country electronics and technology industry.

Indian SaaS to reach $100 bn in revenues by 2026, surpass China: Report

Continued momentum in the creation of SaaS unicorns will propel India to surpass China and become the 2nd largest SaaS nation in the world, says report

Factors that could slow down the spawning of Indian unicorns in 2022

Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.

Companies are useless in decentralised world of Web3: Harsh Rajat of EPNS

In a Q&A, company's co-founder talks about starting the company amid the pandemic, the financial machinations of Web3 organisations and his vision for the future of his firm

India will have over 250 unicorns by 2025, says Iron Pillar report

The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem