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Karnataka HC stays FSSAI advisory on use of Ashwagandha in major relief to US-based Kerry Inc, 7 other firmsIn a significant decision, the Karnataka High Court has granted temporary relief to eight businesses, including Kerry Inc, putting a hold o...
Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPOAs many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...
New-age B-school report highlights strong startup placements and early offersMesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement ...
Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
South Korea’s Krafton, Naver, Mirae Asset launch Rs 6,000-crore India-dedicated fundKrafton, Naver Corporation, and Mirae Asset have launched a Rs 6,000-crore fund for high-growth Indian startups. The Unicorn Growth Fund wi...
Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
Swiggy, Zomato figure in world's top 10 e-commerce food delivery platformsThe report by ETC Group said, " "The food delivery sector is rapidly consolidating, but ownership is a moving target. As companies jostle f...
Porinju says 90% of unicorns are bubbles waiting to burstVeliyath, who is the founder of Equity Intelligence India, had in the past raised concerns over investing in loss-making companies.
Unicorn IPOs may bring tax woes for early investorsPrior to getting listed unicorns have to bring down the per share price, so that small retail investors can participate in the issuance. Th...
View: Think before going long on your next unicorn betSo, the backing of global finance provides no assurance whatsoever that all the unicorns will succeed. On the contrary, the financiers beli...
Have appetite, but no faith! Zomato IPO leaves analysts confused on how to value a loss-making firmThere has been a lot of excitement among investors, who are looking to invest in one of the first desi unicorn startups to hit Dalal Street...
Zomato gets Sebi approval for Rs 7,500 crore IPO: ETNowZomato has stated that its plans to use majority of the proceeds for organic and inorganic growth, according to information on the company’...
Grofers to turn unicorn with Zomato fundsTiger Global, investor in both Zomato and Grofers, will also participate in the $120 million funding round. The companies had explored a po...
Sequoia top backer of Indian unicorns with eight bets, China's Tencent 11th with 3 investments: ReportFantasy gaming company Dream11 - which recently won the title sponsor rights for the IPL cricket league after a Chinese handset maker had t...
Swiggy enters unicorn club, raises $210 million from DST Global, NaspersThe additional capital will be used by Swiggy to ramp up its supply chain network and expand to new markets. Swiggy was valued at $700 mill...
Top Indian startups on hiring spree: ReportAccording to recent data from global job site Indeed, four unicorns - Snapdeal, Paytm, ShopClues and Flipkart - make up around 90 per cent ...
How Zomato managed to survive the carnage in the foodtech sectorA learning from the experience for Zomato founder Deepinder Goyal was that hustle, on its own, is a bad word. Hustle has to be accompanied ...
Foodtech a hard space to execute and build a business: Zomato founder Deepinder GoyalThe valuation of Zomato in the last round in 2015 was $960 million. We never hit a billion. We fell short by $40 million, said Deepinder Go...
IITs fourth largest producer of unicorn startups in the worldIn a study that lists universities that have produced the most unicorn founders, the Indian Institutes of Technology (IITs) bagged the four...
Paytm, Zomato to hit $1 billion valuation this year: ReportOf the remaining 14, 12 are from the US and one each from China and the UK. Five other Indian companies hit Unicorn status.