Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu.
India overtook China to add the most number of new unicorns--start-ups valued at $1 billion or more--in the first half of 2022 despite a funding winter haunting entrepreneurs in the south Asian nation. India added 14 new unicorns in the period (H1 2022) and China had 11, according to the Hurun Global Unicorn Index 2022. The US led the ranking by adding 138 start-ups in the unicorn club.
Mahi, Palak and 2 other Indians enter final at Asian Youth & Junior Boxing C'ships
Fintech unicorn Razorpay has raised $375 million in the Series F round of funding at a $7.5-billion valuation, making it India's second-most valuable start-up in this space, after Paytm. The company valuation has surged over seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country's most-valuable fintech list. Razorpay's latest round of fundraising was led by Lone Pine Capital, Alkeon Capital, and TCV.
The AIFF thanked Qatar Football Association (QFA) for allowing the team to arrive much before the matches and have a preparatory camp in Doha. QFA also used its good offices to allow the Indians start training without serving 10-day hard quarantine.
'He said, "There was nobody to help me. I came from Kolkata to Mumbai to make a career of my own".' "'I have my own journey, and you need to experience that to value what you will have in the future.".'
Ace golfer Jyoti Randhawa was arrested on Wednesday on charges of poaching in the Dudhwa Tiger Reserve protected area in Uttar Pradesh.
Following a year of pandemic prompted no-show and another of backlash for its staggering lack of representation, the Golden Globes felt more atonement than awards ceremony in its 80th iteration.
Sunil Chhetri likened the national team setup with his home and expressed his relief at returning to where he belongs
As media phenomenon, Arikomban is in a different league. Efforts to capture the elephant were telecast live. Local three-wheeler drivers started a fans association for the pachyderm. A film has now been announced based on Arikomban's life.
China's move to devalue its currency has exposed the fragility of its economy.
Such was Tokyo Olympics bronze medallist Bajrang's dominance in the 65kg competition that he won three of his four bouts inside first rounds.
Given the volatility of the global marketplace, India is already on a strong wicket and well poised to provide a lucrative option to foreign investors.
27 Bangladesh cricketers will be donating half their monthly salaries to fight the pandemic.
'The Elephant Whisperers is a hopeful story of respect and cooperation with nature in an era rife with conflict and threat to our beautiful planet.'
Dilip Kumar 'got annoyed and was about to leave the stage before things were brought under control'.
'Misplaced national priorities have brought the economy to a cul-de-sac,' says Ambassador M K Bhadrakumar.
Indian football head coach Igor Stimac hailed Sunil Chhetri, saying the talismanic captain was one of those who "glorified" Indian football with his dedication in the 15 years of his illustrious career. The 35-year-old Chhetri on Friday became only the second Indian after legendary Bhaichung Bhutia to complete 15 years in Indian jersey.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
India cannot ignore the neglect of climate finance by the developed nations, Modi asserted at G20 session
A forest safari is the best way to observe animals in their natural habitat.
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
India finished their preparations for the upcoming Asian Cup Football Championship by holding a superior Oman to a goalless draw in their final warm-up game, in Abu Dhabi, on Thursday.
India dropped one rung to be placed 97th in the latest edition of the FIFA Rankings issued in Thursday.
The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".
India football captain Sunil Chhetri believes that the country's budding soccer players should get a chance to train in European academies in order to improve their skills. The man with 72 international goals described his stint with Sporting Lisbon as a 'great experience'.
Ace Indian wrestler Vinesh Phogat has become the first Indian to receive a nomination in the prestigious Laureus World Sports Awards to be held, in Monaco, on February 18.
The challenge for politicians is that the continuous electoral cycle favours short-termism and the loan waiver type of policy, whereas prosperity requires hard decisions where commonly held perceptions must be disrupted and over-turned, says Dhiraj Nayyar.
Here's what your favourite celebrities have been up to.
Here's what your favourite celebrities have been up to.
The 51-year-old, who was part of Croatia's 1998 World Cup squad that finished third in France, comes with an experience of over 18 years in coaching, structuring, and developing football and players back home, and internationally.
International no-frills budget carriers making a beeline for India.
'Not only the poor in India want sons, but even in the Indian community in the US and Canada. The more educated they are, the more access they have to money and use of technology in gender choice.'
Oman made a late comeback to defeat India 2-1 in the opening Group E match of the 2022 FIFA World Cup and the 2023 AFC Asian Cup Joint-Qualifiers at the Indira Gandhi Athletic Stadium in Guwahati, on Thursday.
'It is time to allow the rupee to move towards its true value, as it is hurting Indian exports, investment and SMEs associated with export sectors that create jobs,' argues Pravakar Sahoo.
'We didn't expect the film to be recognised at this level; we focused on making an honest and simple film.' 'We didn't have any expectations even like being appreciated at festivals.'
After multiple attempts at selling itself, including to larger e-commerce player Snapdeal, ShopClues has found a buyer in Singapore-based e-commerce platform Qoo10 in an all-stock deal.
The United States on Friday asked Sri Lanka to speed up its probe into allegations of rights abuses during the civil war with the Liberation Tigers of Tamil Eelam, resume talks with Tamil parties on power sharing and reduce the role of the military in the former conflict zone.
Buoyed by their gallant goalless draw against Asian champions Qatar, India would be looking to register their first win in the FIFA World Cup qualifiers when they take on Bangladesh.