Zepto becomes India's first unicorn of 2023; raises $200 mn at $1.4 bn valuation
Zepto aims to turn EBITDA (earnings before interest tax, depreciation and amortization) positive in the next 12 to 15 months.
startup
August 2023
July 2023
June 2023
May 2023
February 2023
Startups will increase 10 times in next 4-5 years: Rajeev Chandrasekhar
"From 108 unicorns I am sure we will reach 10,000 in the next 4-5 years," says Rajeev Chandrasekhar.
Domestic startups battle to raise funds as funding declines by 77% YoY in H1 2023
The startup funding also witnessed a significant drop of 24% as compared to the $7.3 billion funds raised in H2 of 2022
Founders, VCs overestimate size of Indian market: Nithin Kamath
While founders will be blamed, the venture capital (VC) ecosystem is equally to blame, says Zerodha founder
Only 3 unicorns added in 2023; capital woes hurting startups
The overall figure of unicorns reduced to 83 from 84
Valuations a tricky game, don't get carried away: Gururaj Deshpande
Every time there's a bubble, right now it is AI, it's, usually, a graveyard along the way as a lot of companies will not make it, says Deshpande.
Aurum buys Ratan Tata-backed NestAway at 95% valuation cut
NestAway, which has raised $110 million in funding, was valued at $220 million in 2019.
US investors slash valuation of Byju's by 62%, Meesho by 10%
Blackrock, which manages over $10 trillion in assets, had first entered Byju's roster of marquee investors at a $12-billion valuation in 2020.
The Start-up Boom
The Indian start-up ecosystem is now the third-largest in the world, thanks to the rise of digital technologies and growth in the number of young entrepreneurs.
Startup funding rises marginally by 3% to $966 mn in Jan: Tracxn
As per the report, the late-stage funding accounted for the increase in funding raised with $688M being raised in total in January 2023, an increase of 16% as compared to December 2022.
