Indian start-ups have hit a purple patch during 2021, with 33 of them becoming unicorns (valued at $1 billion or more). While that is great, it takes between 6-8 years for an Indian start-up to become a unicorn. That will soon be history as the timeframe is all set to come down sharply as private equity and venture capital funding has come to the fore. Also, now there are many more start-ups.
Technology Development Board and Bharat Biotech will put in ₹200 crore each to create a continuous corpus of ₹400 crore for the partnership project.
The film, which has been endorsed by prime minister Narendra Modi, racked up ₹18 crore on Tuesday.
The company is in advanced discussions with some of the European oil and gas majors for partnering.
Founder & CEO Byju Raveendran has invested $400 million in this round in his personal capacity. Co's total fund tally now stands close to $5 billion.
Technology Development Board and Bharat Biotech will put in ₹200 crore each to create a continuous corpus of ₹400 crore for the partnership project.
The film, which has been endorsed by prime minister Narendra Modi, racked up ₹18 crore on Tuesday.
The company is in advanced discussions with some of the European oil and gas majors for partnering.
Founder & CEO Byju Raveendran has invested $400 million in this round in his personal capacity. Co's total fund tally now stands close to $5 billion.
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