Loss-making cos aided fintech sector growth: Kunal Shah
CRED’s founder says that a bulk of the UPI growth has come with the help of such companies as they create distribution and a positive change of consumer behaviour.
unicorns
September 2023
July 2023
June 2023
March 2023
September 2022
August 2022
July 2022
70% drop in funding jolts startups into finding path to profitability
While the industry experienced sharp funding growth during FY22 which amounted to approximately $50 billion, onset of the funding winter caused a massive drop to nearly $15 billion in 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.
The Conversation: Gururaj Deshpande, Entrepreneur & Venture Capitalist
Why the poster boy of Indian technology believes India's untapped billions need start-ups with a purpose and not just unicorns.
Only 3 unicorns added in 2023; capital woes hurting startups
The overall figure of unicorns reduced to 83 from 84
India’s GDP reached $3.75 tn from $2 tn in 2014: FinMin
India now not only fastest-growing major economy but also growing at a time when world economy is in trouble, says ministry on 9 yrs on Modi govt
India outpaces China in no. of unicorns created in 2022
Funding momentum softens as total deal value compresses from $38.5 bn in 2021 to $25.7 bn in 2022, says a report
Indian unicorns, gazelles’ wealth up 35% to ₹3.1 lakh cr in 2022
65 founders of 37 unicorns make it to IIFL Wealth Hurun India Rich List 2022; India has 16 fintech unicorns and 17 entrants in the rich list.
Entrepreneurs, not govt, will contribute to $5 trillion eco: Harsh Mariwala
The Marico founder expects entrepreneurship to have a multiplier impact on the economy in the next 10 years
Entrepreneurial capability unleashed in past 5-8 years, new opportunities on rise: Scindia
A lot of start-ups are coming from tier-2 and tier-3 cities, as opposed to being centred in metro cities, emphasised Jyotiraditya Scindia.
