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1 min read

Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…

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India now has 72 unicorns at total valuation of $196 bn: Report

The number of unicorns in India has been reduced to 72 with a total valuation of $195.75 billion, f…

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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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Meesho posts first-ever quarterly profits in FY24, claims to be the first profitable e-commerce unicorn in Q2

Softbank-backed Meesho on Friday said it became the first e-commerce unicorn to post consolidated p…

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3 mins read

2023: The year that startups started to grow up

The year of 2023 was tough for many startups which had to survive without the VC funding bottle. Un…

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8 mins read

Almost one in five of India’s future unicorns drop off the race as funding winter bites

The ASK Private Wealth Hurun India Future Unicorn Index 2023 shows a decline in India's startup eco…

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Fintech unicorn InCred reports 132% growth in profit in Q3 FY24

Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 cro…

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18 mins read

51 start-ups from India likely to become unicorns in three years

In the next three years, as many as 51 high-growth start-ups that boast valuations estimated betwee…

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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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1 min read

These are the most startup-friendly countries in the world

The Hurun Global Unicorn Index 2023 is now out, stating that there are 1,361 unicorns in the world,…

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7 mins read

IIT Kharagpur, IIT Delhi have bred the most number of future unicorn founders

India has become a significant global hub for the startup ecosystem and its higher educational inst…

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4 mins read

Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost

The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …

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Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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4 mins read

Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West

Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…

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3 mins read

Unicorn health check: 30 will be IPO ready next year but future bleak for 20

The next three years will be testing times for unicorns, says Redseer, which sees a bleak future f…

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2 mins read

Indian startup funding slumps 75% YoY to $2.8 billion in Jan-Mar, as macro challenges weigh

The ongoing macroeconomic challenges have hit the Indian startup industry in terms of funding from …

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3 mins read

What Funding Winter? Zepto raises $200 mn to become the first unicorn of 2023

Unicorns are rare animals even in the fiction world and during a funding winter they become rarer. …

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2 mins read

Over 25% unicorns in India founded by serial entrepreneurs: Report

More than 25 per cent of Unicorns (with valuation $1 billion and above) in India are founded by rep…

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3 mins read

More unicorns focused on profitability now than just burning cash as funding winter sets in

More unicorns are turning a profit, with Molbio Diagnostics topping the charts with a profit of $46…

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10 mins read

New Indian unicorns get rarer in 2022 as funding winter sets in

While 46 companies turned unicorns last year, according to Tracxn’s Geo Annual Report: India Tech 2…