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NON PROFIT UNICORNS
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...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
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.
Kissht to launch Rs 926 crore IPO on April 30; targets Rs 3,062 crore valuationDigital lending platform Kissht is preparing for its initial public offering. The IPO is scheduled to launch on April 30. Kissht aims to ra...
AI-armed founders disrupting venture capitalism?Indian venture capitalists hold billions, but the traditional funding model faces disruption. Founders now build and scale businesses with ...
Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
Let's treat nonprofits as startupsTo foster nonprofit unicorns, the Indian government should provide unrestricted funding, mirroring its successful startup initiatives. Thes...
Change Engine to create 20 non-profit unicorns to drive India’s social transformationChange Engine, founded by Varun Aggarwal, Shubham Bansal, and Shailendra Nath Jha, aims to cultivate 20 non-profit unicorns in India by pro...
InCred Finance posts net profit of Rs 121 crore in FY23, revenues jump 67%InCred Finance became the second unicorn of 2023 after raising $60 million from a clutch of investors, including ultra-high-net-worth clien...
InCred enters unicorn club with $60 million funding roundIn 2022, InCred Finance and KKR India Financial Services merged to create a joint entity under the brand name InCred Finance.
Startup conclave to be organised in Gandhinagar on December 7Patel said a roundtable will also be organised in the state capital on December 6 in presence of Union ministers Dharmendra Pradhan and Raj...
ET Soonicorns Summit 2023: Key themes tracking the new growth frontiers for the Indian startup-tech economyAhead of the ET Soonicorns Summit 2023, to be held on August 26 in Bengaluru and later at Delhi NCR, we reveal the key themes and the power...
Unicorn CFOs in India younger than their American counterparts : SurveyAfter the Covid pandemic, India has experienced a significant surge in the number of unicorns, many of which have plans to launch their ini...
India now has nearly 27,000 active tech startups, adds 1,300 last yearIndia added over 1,300 active tech startups last year, taking the total tally of active tech startups to 25,000-27,000, a Nasscom report sa...
ARTPARK Innovation Program to support tech developed at Indian universitiesARTPARK has selected six startups incubated at universities for the first batch of ARTPARK Innovation Program. It will work with these comp...
ShareChat meets Sher KhanFrom Sharechat and Gupshup becoming India's latest startup unicorns, to Amazon touting its job creation milestone in India, here's a quick ...
MCA permits remuneration to independent directors in case of loss made by companiesAmending schedule V of the Act, the MCA also prescribed limits on such remuneration based on the effective capital of the firm, which could...
Rs 40 lakh a share! Unicorn stocks get supernatural valuations in unlisted marketThere are projections that India will witness at least 10 IPOs from internet companies over the next 3 years, and Swiggy, Unacademy and Riv...
Challenges for Indian startups: Sustain growth, be profitable, create real businesses“From a signalling point of view being a unicorn is great,” says K Ganesh, copromoter GrowthStory, a venture building platform. Often, beco...