Indian Unicorns

News and Trends

Rapido Hits Unicorn Status with USD 1.1 Bn Valuation After USD 200 Mn Series E Funding

The newly raised capital will be utilised to fuel Rapido's expansion across India and further enhance its technological platform, which is aimed at improving service delivery and user experience.

Finance

50% of Indian Unicorns Set to be Profitable by FY27, 20% to Shut Shop or Pivot: Redseer

According to a report by strategy consulting firm RedSeer, 20% of unicorns are projected to struggle because of regulatory issues, plummeting demand, and unclear business models, while 50% of unicorns are anticipated to become profitable by FY27.

News and Trends

Startups That Have Entered The Unicorn Club So Far In 2022

This year, 19 startups have already turned unicorns

Entrepreneurs

India's 5 Most Valued Startups of 2021: Valuation, Funding, Industry

On World Entrepreneurs' Day 2021, let's take a look at India's most valued startups that have managed to shine despite an overall slump in the market.

News and Trends

India Gets Second Unicorn Of 2021 In Healthtech Startup Innovaccer

This is the company's first financing announcement since its Series C round, bringing the total capital raised by the company to over $225 million

News and Trends

Digit Insurance: India Gets its First Unicorn Of 2021

The Bengaluru headquartered startup founded by insurance veteran Kamesh Goyal is now valued at $1.9 billion post investment

News and Trends

Cars24 Becomes Seventh Unicorn in Pandemic Year After Raising $200 Mn

Pre-owned vehicle buying and selling platform Cars24 has raised USD 200 million in Series E funding round led by DST Global.

News and Trends

Travelling In London? Now Book Ola

Ola cabs are now live in London with over 25,000 drivers registered on the platform

News and Trends

Meet India's First EV Unicorn

Ola Electric Mobility has raised $250 million from SoftBank as part of its Series B round and clinched the unicorn tag according to media reports

Growth Strategies

Indian Online Logistics Startup BlackBuck Bags $150 Million in Series D Funding

Logistics startup dealing in the trucking domain edges towards being a Unicorn as it generates millions to penetrate the market more thoroughly

Entrepreneurs

Indian Soon-to-be-Unicorns like Nykaa Marching Ahead to Join the Big League

Startups in India are marching at a sky-rocketing rate and will soon join the league of Unicorns

Growth Strategies

Why the Indian Ed-Tech Sector Has Scope For at Least 10 Unicorns

Those who have been following the education sector sometime now know that every year is touted as the "year of education" – but not much seems to happen!

News and Trends

Indian Unicorn Swiggy Raises a Staggering $1-billion

The investment round led by Naspers is set to give Swiggy an edge over arch rival Zomato

Entrepreneurs

How the Freshworks Founder is Defining the New-age Tech Investment

How Girish Mathrubootham founded Freshworks

Finance

How Foreign Investors Gave a New Life to These 10 Indian Unicorns

Indian unicorns are making noise globally, attracting big sharks of investment world