unicorns

Business News

Want to Start a Billion-Dollar Business? Look to These Two Industries, Which Have the Most Unicorn Growth

During a tough fundraising year overall last year, the value of cybersecurity and AI unicorns saw double-digit growth.

Growth Strategies

"We Got Funded!" Saudi Arabia-Based Tamara Becomes The Kingdom's First Homegrown Fintech Unicorn

With the completion of its latest US$340 million Series C equity funding round, Tamara's business valuation has reached $1 billion, making it the first homegrown fintech unicorn to come out of the Kingdom of Saudi Arabia.

Growth Strategies

At Your Service: Abhiraj Singh Bhal on Entering the Consumer Product Market

"For any company to be successful, there are two critical ingredients – being customer first in its thinking and execution and leveraging technology to launch winning products," shares Abhiraj Singh Bhal, Co-Founder and CEO, Urban Company

Growth Strategies

The Instant Startup: How To Build A Unicorn In 1,000 Days

Unlike traditional approaches that begin local before going global, modern businesses have the advantage of operating in a global marketplace from the outset.

Growth Strategies

The Unicorn Investor: Dr Apoorva Ranjan Sharma

The investor who's best at placing early-stage bets on companies now worth $1B+

News and Trends

Zepto Raises $200 Million, Turns Unicorn At $1.4 Billion Valuation

As per the company, it has grown its sales by 300% year-on-year and will likely achieve $1 billion in annualized sales within the next few quarters

News and Trends

Web3 And AI Startup ZYBER 365 Turns India's 109th Unicorn

The funding round will play a pivotal role in fuelling the company's expansion plans, enhancing its technological capabilities, and solidifying its global market presence

News and Trends

Tech Unicorn o9 Solutions Raises $116 Million Investment

o9 also announced that General Atlantic Operating Partner and business executive Gary Reiner has joined the Company's Board of Directors, bringing deep expertise at the intersection of technology, strategy and operations

News and Trends

Target Of 1 Lakh Unicorns And Around 20 Lakh Startups Is Doable, Says Rajeev Chandrasekhar

The minister also assured that the extent of digitalisation of government, governance and economy is going to accelerate even more

News and Trends

51 'Gazelles' and 71 'Cheetahs' are Likely to Become Unicorns in the Next 2-4 Years

According to a report by Hurun, 122 startups in India are anticipated to join the unicorn club. In the report, individuals who might reach a billion-dollar valuation in two years are referred to as gazelles, while those who might do so in four years are referred to as cheetahs.

Innovation

I Helped Grow 4 Unicorns Over 10 Years That Generated $18 Billion in Online Revenues. Here's What I've Learned.

Only 0.00006% of businesses will achieve unicorn status. It's not impossible, but extremely challenging, to say the least.

Growth Strategies

Tracking Jahez's Five-Year Journey To Become A Unicorn In Saudi Arabia's Hypergrowth Consumer-Tech Market

Jahez achieved this stellar exit within five years of establishing itself, while delivering a cumulative 100 million meals to Saudi customers through 19,900 merchants and 52,400 delivery partners.

News and Trends

Only 17 Out Of 80 Unicorns In India Are Profitable: Tracxn

The data has been extracted from financial statements of FY21 and FY22

Entrepreneurs

Harsimarbir Singh: The Caregiver

The co-founder of Pristyn Care tells us how he, along with his co-founders, found a big problem in healthcare that nobody else was solving and went deep into it. He is on Entrepreneur India's Digital Cover for March 2023

News and Trends

Move Over Unicorns, Here Come Proficorns

Even though a temporary phase, the current investment slowdown has pushed companies to focus on building profitable companies, that is, proficorns