The partners at Elevation Capital take pride in the fact that the venture capital fund has been an early-stage backer to most of the 11 unicorns in its portfolio.
With Covid-19 second wave leading to lockdowns across several Indian states, the delivery of essential goods was the need of the hour. And Dunzo emerged as one of the pre-eminent options.
Six-year-old Razorpay has seen phenomenal growth in the last one year. It raised $100 million in October at a $1-billion valuation and has seen its payments volume triple.
Meesho pioneered social commerce in India six years ago, providing a source of income for millions of homemakers. But now competition from fellow startups and e-commerce behemoths is growing.
Ashwin Suresh, Aditi Shrivastava, and Anirudh Pandita quit their Wall Street jobs to create Pocket Aces. Today it runs the country’s largest socially distributed content network.
Fortune India’s 40 Under 40 is an annual listing highlighting the inspirational work done by the country’s sharpest young entrepreneurs, fund managers, and corporate executives. Here is the full list.
The announcement of seed funding to support ideation and development of early-stage tech startups, tax incentives, and ESOPs will boost the country’s startup ecosystem, say experts.
