Capital call: Government set to allow firms to directly list overseas
“It will allow Indian companies to tap a new pool of investors, other than Indian investors or foreign portfolio investors, many of whom may not have come to India,” said Edelweiss Group chairman Rashesh Shah. Several investment funds do not invest in India due to their internal criteria.
Microsoft selects 54 tech startups in its Unicorn hunt
The startups, selected from Gujarat, Maharashtra, Rajasthan, Kerala and Telangana, out...
Microsoft’s Nadella sad with CAA, wants Bangladeshi immigrant to launch unicorn, be Infosys CEO, says Buzzfeed Editor-in-Chief
"I think what ...
The year tech unicorns became donkeys
So as 2020 rolls around, and more unicorns prepare to gallop into the public markets, it would be wise for investors to tease out these differences and the impact they have on a digital company’s value.
Layoffs at unicorn club set tone for tougher 2020
Quikr has laid off close to 1,000 employees, which is about a third of its total 3,000 workforce over the last few weeks, said a source, even as it shut down its beauty services business AtHomeDiva.
Unicorns have to live in the now, not the starry future
The struggles of SoftBank-backed Uber and WeWork are justifiably calling attention to the downsides of motives to grab for the the biggest potential outcome at any cost.
N Chandra’s start-up tip: Entrepreneurship isn’t only about creating unicorns, but adding jobs, improving life quality
The Tata Sons chairman also addressed fear of failure.
With Rs 20 crore earnings, Byju’s has a lesson for unicorns
Total expenses for fiscal year 2019, however, rose to Rs 1,321.65 crore from Rs 518.52 crore in the year-ago period, as employee benefit expenses, marketing and promotional costs rose significantly.
Providing simple business solutions, this 42-people company is a Unicorn
Instabase provides everyday useful apps such as data extraction, NLP search, income verification which comes handy for many traditional businesses such as banking and insurance in simplifying their work.
Uber analysts say India food unit sale ends ‘dark chapter’
The deal was a “smart, strategic” move and “shows strong execution on the part of Uber management, who has said repeatedly that unless Uber is 1 or 2 in a given market, or on a clear trajectory to get there, it would exit that market.”
Next big wave of technology Unicorn listings could be in India
Mohandas Pai said that liquidity and valuations shouldn’t be concerns for companies seeking to list, as the market is “flush with money” and India investors have shown a willingness to pay up for growth stocks.
Soonicorns like Nykaa, UrbanClap, Grofers to the rescue with 2X more jobs next year: HR firm Xpheno
HR firm Xpheno categorised 79% of tech startups, such as Lending-Kart, Nykaa, Pinelabs, UrbanClap, Practo, Zoomcar, Grofers and ShareChat, as soonicorns. The report predicts that these companies will be doubling their aggregate headcount to 36,000 next year.
Masayoshi Son is no angel. He might want to give it a try
Masayoshi Son isn’t timid, to be sure. His reputation is built upon decades of courageous bets that netted him, his investors, and his founders billions of dollars. The most famous being Jack Ma and a little e-commerce company that became Alibaba Group Holding Ltd.
Adam Neumann, the boy who burst the Unicorn bubble
WeWork's Neumann saw a flawed system and his combination of greed & smarts allowed him to exploit it.
B2B unicorns need 50% less funds than B2C
India's unicorn club has increased from just about nine companies at the start of 2018 to close to 30 now, collectively valued at about $100 billion, according to an Iron Pillar report.
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