The ESOP conundrum
For startup employees, the ESOP tax burden might have been reduced, but tweaks in buyback tax might get companies to look for alternate structuring.
For startup employees, the ESOP tax burden might have been reduced, but tweaks in buyback tax might get companies to look for alternate structuring.
Existing investors Glade Brook, Nexus, and StepStone co-led the round with Goodwater and Lachy Groom doubling down as well.
A significant drop in the number of future unicorns expected from India in 2024 as against 2023 signals difficult times for startups
Prime Minister Narendra Modi says the successful launch is a momentous occasion for India's space sector.
The ₹599 crore IPO was booked 116.95 times in QIB category, 129.27 times in NII segment, and 53.23 times in retail segment.
"If you don't learn from those who came before you, you will make mistakes and I think, Byju's is that mistake," says Rajeev Chandrasekhar.
The discussion here is to not just create a conducive policy, but also create a slightly curated incentive system for deep-tech startups.
Only two new unicorns were created in 2023 — Incred and Zepto — as against 23 in the previous year.
Investors and entrepreneurs have been overestimating the market, says the Infosys founder at the Fortune India 40 Under 40 Awards.
Zepto aims to turn EBITDA (earnings before interest tax, depreciation and amortization) positive in the next 12 to 15 months.