Page 8 - Unicorn Companies

Best of BS Opinion: The limits of unicorns, managing spending bulge & more

Here are the best of BS Opinion pieces of the day

The limits of unicorns

Start-ups cannot be a growth engine for the Indian economy

Byju's 13th most valued unicorn, first Indian start-up to reach $21-bn

India could surely have had more $10 billion plus start-ups in 2021 had it not been for the pandemic

Top headlines: New rules for international arrivals; Spinny latest unicorn

Business Standard brings you the top stories on Tuesday

At $4.5 billion, investment in SaaS companies grows 170% in 2021

India now has 13 SaaS unicorns and between 7 and 9 companies with $100 mn+ annual recurring revenue (ARR)

PM Narendra Modi likely to meet several unicorn founders next week

There are currently 77 unicorns in the country, of which 40 have entered the club this year, according to data from Venture Intelligence

Fintech start-up slice turns India's 41st unicorn in 2021, raises $220 mn

slice issues prepaid visa cards with a credit line that allows users to get credit card-like benefits as well as build their credit score.

Upstox turns unicorn with funding from Tiger Global at over $3 bn valuation

The funding round is said to be led by existing investor Tiger Global and is still ongoing

Big four professional services firms see big growth post Covid-19

Tech adoption by businesses, rise of unicorns, M&A activity drive gains

Udaan eyes funding to become largest B2B retail player in Asia

The company has already raised $1.2 billion and is currently valued at $3.1 billion

Karnataka sets up fintech task force with Razorpay, Zerodha founders

The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem

Top headlines: Delhi HC gives 2 weeks to CCI; Ola rejigs leadership team

Business Standard brings you the top stories from today

Nykaa IPO: How Falguni Nayar proved it's never too late to start up

From leading IPOs as an investment banker to launching one herself at 59, Nykaa's Falguni Nayar has broken all templates. We look at how she became one of India's most successful entrepreneurs

Good Glamm Group India's first unicorn in DTC beauty and personal care biz

The firm, valued at $1.2 bn, expects to cross annual recurring revenue of $250 million by March 2022

Kallol Banerjee on Rebel Foods' journey from QSR to cloud kitchen unicorn

What did Rebel Foods do differently to become India's first unicorn in the cluttered cloud kitchen market? In this interview, co-founder Kallol Banerjee discusses the journey and the way forward

TMS, Ep 36: Muhurat trading, IRCTC U-turn, Rebel Foods Q&A, and AR-VR-MR

What will be the biggest market drivers in Samvat 2078? What does govt U-Turn on IRCTC mean for other PSUs? How did Rebel Foods become India's first cloud kitchen unicorn? Get all the answers here

IPO rush: Samvat 2078 set to break new records with mega issues

Bankers said the retail participation this year has been an encouraging sign, particularly in loss-making unicorns

Paytm pegs IPO at $20 bn valuation, CEO says 'life to become QSQT'

"Our life is going to become QSQT now or quarter se quarter tak (from one quarter to next)," says Vijay Shekhar Sharma.

Arora to Damera: Young promoters of start-ups enter India's rich list

Among the unicorns entering the list for the first time, the most notable names are BrowserStack's promoters

Chennai Super Kings looks set to become India's first sports unicorn

May even overtake parent company India Cements' m-cap: Experts