
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
Funding momentum softens as total deal value compresses from $38.5 bn in 2021 to $25.7 bn in 2022, says a report
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.
The Marico founder expects entrepreneurship to have a multiplier impact on the economy in the next 10 years
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.
A total of 21 Indian future unicorns have overseas headquarters, 18 of which are in the U.S., two in Singapore, and one in the U.K.
Marked by funding frenzy and a record number of unicorns, 2021 was a dream run for Indian start-ups. But, rising geo-political tensions and volatile domestic market could play spoilsport this year.
The startup raises $100 million in funding led by Greenoaks.
Other startups that attained over a billion-dollar valuation this year include Mamaearth, Fractal, Darwinbox, Dealshare, Elastic Run, Livspace and LEAD School.
The contentious relationship between gig workers and platforms continues to define the platform economy. Sticking points are: social security, gratuity, minimum wage protection and working hours.
Five start-ups joined the $1-billion club in two weeks.