Page 7 - Unicorn Companies

Darwinbox is first Saas-based company to turn unicorn this year

Darwinbox saw a huge uptick for its services as the pandemic forced employees to work from home

Facebook declined to spin-off its Workplace app as $1 bn unicorn

Facebook (before it was rebrandeded as Meta) was approached by venture capitalists to spin off its Workplace app and make it a new company valued at over $1 billion. But Facebook declined.

50 more startups with the potential to be unicorns in 2022: Report

India has 50 startups with the potential to achieve the coveted unicorn' status in 2022 and by the end of the year, the list of the new-age companies valued at over $1 billion will be at least 100

We expect unicorn count in India to cross 100 in 2022: PwC's Amit Nawka

CY21 saw fivefold rise in unicorns globally and touched 510

Start-up Inc urges policy push, focus on smaller towns for sector's growth

Founders and investors laud move to celebrate National Start-up Day on January 16 - but say that more needs to be done to help sector

Swadeshi Jagran Manch opposes direct listing of Indian unicorns in overseas

Swadeshi Jagran Manch has said the remedy is worse than the disease as Indian authorities will not just lose the oversight but also the right to tax gains accruing from businesses built in the country

45-odd Indian start-ups hold promise of entering unicorn club this year

SOONICORN STATUS: By 2025, India expects to add 95 new tech unicorns

LEAD becomes first edtech unicorn of 2022, raises $100 mn in Series E round

The company plans to use the proceeds to achieve its vision of providing quality affordable education to more than 25 mn students with an annual revenue run-rate of $1 bn

Let's target to create 75 more unicorns by 2022-end: Piyush Goyal

The minister called upon stakeholders in the innovation ecosystem to strive to take India to the top 25 in the Global Innovation Index

Gig economy gets pandemic push as online deliveries smash records on NYE

Covid was just the disruptor. Even before it struck, growing tech and digital enhancements had been propelling the growth of e-commerce and online services both within and outside India

D2C start-up Mamaearth becomes the first unicorn of 2022 with $52 mn round

Along with launching new brands, Mamaearth's parent company Honasa Consumer will continue expanding distribution for existing brands

Top Headlines: India Inc expects growth in 2022; record unicorns in 2021

Business Standard brings you the top headlines at this hour.

Record number of unicorns in 2021 as race for such valuation takes longer

Karnataka has emerged the biggest source of start-ups in India

Unicorns turn into strategic investors; Zomato grabs a big pie

Byju's, Flipkart, PharmEasy and CRED, among others, have taken the acquisition route to grow

A selection of the five best books in a year of start-ups and unicorns

Looking back at 2021, we take note of the top start-up-related books published this year that shed new light on this space

Edtech needs to self-regulate before strict norms enter the scene: Industry

Govt advisory half-hearted, won't help curb malpractices in sector: Activists

India displaces UK to be third top country hosting unicorns: Report

However, the US and northern neighbour China, who occupy the first two ranks, are way ahead, according to the data compiled by Hurun Research Institute

Has 2021 been a watershed moment for India's e-commerce industry?

New forms of online distribution and business models like live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech and D2C roll-up have made their mark this year

What explains India's unicorn boom in 2021?

This year was great for startups in India -- 42 of them went on to attain the unicorn status. More startups entered this club in 2021 than all previous years combined. What drove this unicorn frenzy?

TMS Ep69: RBI tokenisation, Abhijit Bhave, unicorn boom, net-zero

What's RBI rule on online transactions mean for consumers and merchants? When will FPIs turn to India again? What explains India's unicorn boom in 2021? How can the world achieve net-zero targets?