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OVERSEAS UNICORNS
Manu Chandra's Sauce, the VC making a feast of small servingsSauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating founder Manu Chandra's strategy of...- Sarvam: When US slams the door, India begins to find its own openingSarvam AI’s rise to a $1.5 bn valuation after raising $234 mn marks a major milestone for India’s push toward AI sovereignty. The funding c...
- Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
- Anand Mahindra borrows a classic American phrase, 'you ain’t seen nothing yet,' as he predicts a massive startup boom in IndiaAnand Mahindra believes India’s startup journey is only just beginning and could soon surprise the world. While acknowledging the significa...
- From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
- ‘Self-respect’, ‘hurts competitiveness in AI’: Sridhar Vembu, Andrew Ng sound alarm over new US Green Card rulesNew US green card rules are drawing sharp criticism. Tech leaders and Indian entrepreneurs warn of impacts on innovation and families. The ...
- Shastra VC launches $100 million fund to back deeptech, AI startupsThe Bengaluru-based firm said the new vehicle will invest between $500,000 and $3 million in IP-led firms across these sectors. The launch ...
- Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
- "We have to tighten our belts", Pashupati Advani warns of LPG crunch, IT job losses, and a 2-month earnings holeMarket veteran Pashupati Advani remains cautious about the current market rally, citing unresolved fundamental uncertainties like the Strai...
- Next trillion-dollar idea: Indians bet big on overseas unicorns despite valuation uncertaintyWealthy Indian investors, fueled by the success of domestic startups, are increasingly looking to invest in overseas markets, particularly ...
- Indian unicorns hit $385 billion valuation in 2024 amid surge in IPOs, acquisitions: reportThe report also noted that 29 unicorns were profitable in 2024, including companies like Zerodha, MakeMyTrip and InfoEdge. However, one-fif...
- Overseas remittance fintech HiWi raises Rs 7.5 crore funding from Unicorn India Ventures, othersThe company said it aims to resolve issues around opacity in exchange rates, exorbitant forex margins, and documentation challenges for dif...
- Escrowpay in talks to raise USD 15 million, to expand operations in India and overseas“We are raising a larger investment round. We have been conscious to raise so far and have focused on building the business ground up. Now ...
- India, a galloping ground for unicornsThe government is expecting technology stacks built on 5G cellular services, public digital platforms, semiconductor designing and electron...
- Good Glamm in advanced talks to acquire stake in St BotanicaOn Tuesday, Good Glamm announced a Series D funding round of $150 million, valuing the platform at $1.2 billion, making it the 35th startup...
- Indian tech startups added a record number of unicorns in 2020: NasscomRemote work helped startups reduce burn and accelerated the growth of new tech hubs.
- 21 Indian startups are 'unicorns' valued over $1 bn, just a tenth of China's: StudyWith the 21 unicorns collectively valued at $73.2 billion, India is the fourth biggest in terms of unicorns, behind the US, China and the U...
- Capital call: Government set to allow firms to directly list overseasWhile detailed discussions on the proposal have taken place, a formal decision is awaited, sources said.
- 10 new unicorns may fly out of Telangana soonResearch and Innovation Circle of Hyderabad (RICH), headed by former Indian School of Business dean Ajit Rangnekar, is a platform designed ...
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