Page 2 of unicorn

tracxn, startup funding, delhi ncr, karnataka, maharashtra, gujarat, seed stage funding, early stage funding, startup deals, acquisitions

Startup funding in Kerala jumps while Karnataka, Delhi NCR, Maharashtra see big drop

Kerala stood out from the pack. The technology startups based in the southern state raised $33.2 million in 2023, an…

February 16, 2024 12:46 IST

orios venture partners, indian unicorns, unicorn startups, $1 billion valuation, startup valuation, byju's ola, oyo, swiggy, zomato, meesho, mamaearth, delhivery, paytm, easemytrip, freshworks, policy bazaar, indiamart, makemytrip, justdial, infoedge

Valuation markdowns: Byju’s, Ola, Swiggy, other unicorn startups lost 49% value on average in 2023, says report

The challenging environment, which called for strengthening the bottom line, however led 23 unicorns last year to profitability.

January 17, 2024 17:38 IST

tracxn, startup funding, investors, venture capital, ipos, acquisition, seed stage, phonepe, peak xv partners, accel, we founder circle, deal volume, soonicorn, unicorn

2023 downturn: Indian tech startup ecosystem closes year in red across multiple metrics

Funding dropped to $8.3 billion in 2023 from $25.6 billion in 2022 while funding rounds declined to 1,133 from 2,781,…

January 8, 2024 19:25 IST

nasscom, zinnov, startups, indian startup ecosystem, startup funding, unicorns, innovation, ai, blockchain, deeptech, profitability

Less than 50% of tech startup founders expect better funding environment in 2024: Nasscom-Zinnov report

Focus on business fundamentals in 2024 is expected to grow stronger with over 60 per cent of tech startup founders…

January 8, 2024 14:10 IST

incred, lending, msme, consumer loans, student loans, zepto, grocery, Ranjan Pai, Ravi Pillai, RP Group of Companies, Ram Nayak, Deutsche Bank, digital lending, unicorn, startups

InCred Finance valued at $1.04 billion following $60M funding; becomes 2nd unicorn of 2023

The non-banking financial company (NBFC) is the second company (after 10-min grocery delivery startup Zepto) to gain unicorn status this…

December 25, 2023 16:21 IST

Unicorns – Emerging issues for sustainability

As per Invest India, India was home to 111 unicorns with a total valuation of around 350 billion US dollars,…

December 12, 2023 10:57 IST

incred, msme loans, small business lending, unicorn, startup funding, KKR, BFSI, asset management, investment banking, Investcorp, Oaks Asset Management, Moore Capital, Elevar Equity, Paragon Partners

Incred to turn unicorn with Rs 500 crore Series D funding

InCred said the capital will be deployed across its core business verticals including consumer loans, student loans, and MSME Lending.

November 9, 2023 16:46 IST

coworking, coworking unicorns, challenges for coworking unicorns, funding in coworking startups, coworking real estate, electricity in coworking startups, altf coworking

Explained: What will it take for coworking startups to turn unicorns

One of the biggest challenges that coworking spaces are facing is capital inefficiency. The rental commitments with the landlords are long-term,…

August 14, 2023 10:00 IST

J.N Tata, JRD tata, indus valley civilization, mughal period, economy of mughal period, maurya dynasty, Gupta, Cholas, Entrepreneurship in india, History of entrepreneurship in india, medieval india, mukesh ambani, reliance, tata, unicorns in india, 76th year of independence, india independence day,

Tracing the roots of business sector through India’s rich history: From the Indus Valley civilization to the present day

India is home to 108 unicorns as of May 31st, 2023, with a total worth of $ 340.80 Bn. Out…

August 5, 2023 08:00 IST

zyber 365, web3, ai, SRAM & MRAM Group, unicorn, series a funding, blockchains, decentralised identities, data analytics, software development kit, web browser, NFT marketplace, ICO

Web3 and AI startup ZYBER 365 turns unicorn with $100 million funding

Zyber 365 said it offers a decentralized and cyber-secured operating system with a range of multiple Web3 products like Layer-0,…

July 25, 2023 17:13 IST

How India’s Unicorns are raising the bar when it comes to employee health benefits

Among the unicorns, SaaS companies are offering better health benefits to their employees than Fintech and E-commerce companies.

Updated: March 16, 2023 13:52 IST

No unicorns in last 5 months; Cockroach startups to rule in 2023? Funding winter gets cooler, VCs shift focus

Unicorns vs Cockroach startups: The recent collapse of US-based Silicon Valley Bank (SVB), which mainly funded startups, has forced investors,…

Updated: March 14, 2023 16:10 IST

Founder stake in unicorns slumps

Unicorn startups have seen a sharp fall in stakes held by founders, leading to concerns that the latter may have…

March 13, 2023 05:45 IST

UpGrad lays off 30% workforce at subsidiary

UpGrad spokesperson and Impartus co-founder Amit Mahensaria did not respond to an email query sent early last week.

March 6, 2023 01:45 IST

Unicorn startup Darwinbox may go for IPO in next 3 years: Co-founder

The promoters of Darwinbox currently hold more than 30 per cent stake in the company while the rest is held…

Updated: November 14, 2022 13:41 IST

SaaS unicorn Chargebee lays off 10% of its workforce

Chief executive and co-founder Krish Subramanian shared a copy of his email to employees announcing the layoffs in a LinkedIn…

November 4, 2022 00:45 IST

Unicorns, Unicorns funding, Byju, swiggy, Fundamentum Partners,

Unicorns face MCA heat

The ministry believes this could lead to better compliance on reporting results on time to the Registrar of Companies (RoC),…

September 2, 2022 06:30 IST

The company plans to use the latest funding amount to launch new services, expand its existing lending books, strengthen its leadership team and also double the workforce to 1,000 from 500 currently, Open said in statement.

Funding boost to start-ups: Neobank Open joins unicorn club

Open, a neo-banking fintech portal, on Monday became the 96th entrant to India’s unicorn club with the announcement of its…

May 3, 2022 05:00 IST

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Expect loan, deposit growth at 18-20% in FY26: DCB Bank MD

Business2 hr ago

DCB Bank is targeting a growth of 18-20% in loans and deposits this year, with a reported loan growth of 19.14% and deposit growth of 18.8%. The recent GST reforms and repo rate cut have boosted expectations and impacted consumer behavior. The bank’s focus is on secured, small-ticket lending to SMEs and becoming a full-fledged financial partner. They also aim to reduce slippages.

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