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UNICORN COS IN INDIA
FMCG’s ecommerce push; Govt targets financial fraudHappy Friday! Consumer firms are betting big on their own ecommerce platforms. This and more in today’s ETtech Morning Dispatch.
Jury reveal for The Economic Times Startup Awards 2024; and other top stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories from this week. Let’s take a l...
Rainmatter’s new bets; IT firms cut subcontracting costsHappy Wednesday! Zerodha-backed Rainmatter Capital has funded multiple startups in the last two months. This and more in today’s ETtech Mor...
Mobile wallets sink; IT talent in hinterlandsHappy Tuesday! As UPI becomes the default payment mode in India, mobile wallets are suffering. This and more in today’s ETtech Morning Disp...
Bluestone's unicorn round; Sorin’s Rs 1,350-crore fundHappy Wednesday! Omnichannel jewellery startup Bluestone is nearing unicorn status with a potential $100-million pre-IPO investment. More o...
Byju’s, Davidson Kempner begin talks to settle dispute; behind Antfin’s Paytm share transfer to Vijay Shekhar SharmaBeleaguered edtech firm Byju's and New York-based investor Davidson Kempner Capital have initiated talks to resolve their disagreement conc...
Startups, technology companies to draw funds this year similar to 2021: reportInvestors are expected to double down on quality assets with larger rounds, setting a more measured pace of deal-making in 2022. Deal-makin...
NFTs power metaverse boom; PharmEasy to raise $200M before IPOThe metaverse, a term coined in science fiction in 1992, has been all over the news recently thanks to the proliferation of virtual worlds ...
In a first, Indian tech unicorns get access to exclusive SPACThink Elevation Capital Growth Opportunities, a SPAC set up by Elevation Capital’s Ravi Adusumalli and Think Investments’ Shashin Shah, is ...
Indian SaaS companies wired to weather Covid-19 stormThe report credits the broader business strategy of Indian SaaS companies — of targeting both enterprises and small and medium businesses (...
SoftBank CEO takes more control in new $108 billion Vision FundThe Japanese conglomerate aims to raise a total of $108 billion for the second Vision Fund, which would make it even larger than the first,...
France now has the answer to 'big sales, no profits' puzzle of digital giants like Google, AmazonFrance has levied a 3% tax on the revenues of 30 digital companies, mostly US-owned.
WeWork to weigh $1.9 billion deal for control of India unitWeWork, founded in 2010 and last valued at $47 billion, pioneered the concept of shared work spaces, expanding to 425 office locations in 3...
Female staff in ecommerce companies have doubled to over 40k in one yearThe food delivery startup Swiggy, which is also a Unicorn, has plans to add over 1,500 deliverywomen in the next six months.
Challenging times ahead for digital payment companies: Kunal Shah, FreechargeSuperapps which offer multiple set of services will become popular because people tend to follow known brands
Twenty Trends that will define Indian startup ecosystem in 2018Some of the AI and Big Data cos will turn out to be farce and the market will accept that high tech needs specialised investors.
2017 needs return of top tech investorsGlobally , too, mega rounds of $100 million and above, which helped create hundreds of socalled unicorns (or private tech startups valued a...