India doesn't have a robust model of market estimation: Narayana Murthy
Investors and entrepreneurs have been overestimating the market, says the Infosys founder at the Fortune India 40 Under 40 Awards.
valuation
October 2023
June 2023
January 2022
December 2021
August 2021
April 2021
February 2021
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.
Fintech startup FPL Technologies bags $75 million funding at $750 million valuation
The fundraise was led by its existing investor QED Investors along with GIC Singapore, Janchor, Sequoia Capital India, Matrix Partners India and Hummingbird Ventures.
Why L&T Mutual Fund's sale fetched low valuation
Market sources indicate stagnant AUM, poor performance in most of the equity schemes and an AUM composition tilting towards low-valuation fetching debt funds as major reasons
Postman raises $225 mn at a $5.6 bn valuation
The SaaS unicorn—whose co-founders are part of Fortune India’s 40 Under 40 list this year—has more than doubled its valuation in a little over a year.
Covid-19’s second wave stings equity markets
In a matter of 41 trading days, since the last life-high on February 16, the second wave of the Covid-19 pandemic has caused between 8% -9.8% correction in the benchmark equity indices until April 19.
FY21: A bumper fiscal for the bourses
The Covid-19 pandemic failed to affect the bulls’ spirits, as benchmark indices saw absolute annual gains between 75.2% and 117.2% while FPIs pumped in a record ₹2.74 lakh crore into equities.
U.S. macro woes drag down Indian indices
Rising inflation and firming bond yields in the U.S. push down Indian benchmark indices, causing a correction of around 6% from the latest life–highs of February 16.
