Funding winter, offshore ventures lower India’s unicorn tally to 67: Hurun
When it comes to the latest tech rage i.e. AI, India has only one unicorn, Krutrim; the US and China lead with 60 and 37 AI unicorns, respectively
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Startup funding in India slows to $1.6 bn; 2 unicorns emerge in Q1
Retail, fintech, and enterprise applications were top-performing sectors in Q1 2024, with enterprise applications receiving $448 million, a growth of 48% YoY
Loss-making cos aided fintech sector growth: Kunal Shah
CRED’s founder says that a bulk of the UPI growth has come with the help of such companies as they create distribution and a positive change of consumer behaviour.
70% drop in funding jolts startups into finding path to profitability
While the industry experienced sharp funding growth during FY22 which amounted to approximately $50 billion, onset of the funding winter caused a massive drop to nearly $15 billion in 2023
Startups will increase 10 times in next 4-5 years: Rajeev Chandrasekhar
"From 108 unicorns I am sure we will reach 10,000 in the next 4-5 years," says Rajeev Chandrasekhar.
The Conversation: Gururaj Deshpande, Entrepreneur & Venture Capitalist
Why the poster boy of Indian technology believes India's untapped billions need start-ups with a purpose and not just unicorns.
Only 3 unicorns added in 2023; capital woes hurting startups
The overall figure of unicorns reduced to 83 from 84
India’s GDP reached $3.75 tn from $2 tn in 2014: FinMin
India now not only fastest-growing major economy but also growing at a time when world economy is in trouble, says ministry on 9 yrs on Modi govt
India outpaces China in no. of unicorns created in 2022
Funding momentum softens as total deal value compresses from $38.5 bn in 2021 to $25.7 bn in 2022, says a report
Indian unicorns, gazelles’ wealth up 35% to ₹3.1 lakh cr in 2022
65 founders of 37 unicorns make it to IIFL Wealth Hurun India Rich List 2022; India has 16 fintech unicorns and 17 entrants in the rich list.
