Sarvam AI, an Indian full-stack sovereign artificial intelligence company, has achieved unicorn status after raising $234 million in a Series B funding round led by HCLTech and Bessemer Venture Partners, with HCLTech acquiring a 10.46 per cent stake.
Krutrim, India's first AI unicorn, has successfully repositioned itself as a focused domestic AI Cloud Services provider, reporting its first annual net profit in FY26.
'More than becoming a unicorn, what truly satisfies us is seeing small businesses grow from Rs 10,000 a month to Rs 20 lakh after joining our platform.'
Fintech unicorn Razorpay has confidentially filed draft documents with SEBI for an Initial Public Offering, with market sources estimating the issue size between Rs 5,000-6,000 crore. This move comes as a rival firm, PhonePe, has paused its IPO plans.
'It shows that access to these technologies cannot be taken for granted.'
The National Stock Exchange (NSE) is set to launch India's largest initial public offering (IPO), estimated at Rs 30,000 crore. This mega public issue will surpass previous records held by Hyundai Motor India and Life Insurance Corporation of India (LIC), marking a significant event in the Indian stock market. The move comes as India's primary market shows signs of recovery after a period of slowdown.
Infosys co-founder Kris Gopalakrishnan urges Indian startups to focus on deep technology and advanced manufacturing to ensure strategic autonomy.
Ed-tech unicorn PhysicsWallah is strategically targeting a 30% revenue improvement by FY27, leveraging AI-led automation, aggressive expansion into southern Indian markets, and a strong focus on student learning outcomes and enrolment growth.
The Competition Commission of India (CCI) has approved the acquisition of a stake in AI acceleration cloud provider Neysa Networks by Blackstone-backed private equity funds and other investors, following Neysa's announcement of a USD 1.2 billion capital raise.
Netrasemi, an Indian semiconductor start-up, has announced that its flagship AI chipset, A2000, has achieved silicon bringup and is preparing for commercial production this year. The A2000 SoC, supported by Zoho and the government's DLI programme, will enable smart vision and real-time video analytics for smart cameras and edge AI platforms.
RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.
Former India off-spinner Ravichandran Ashwin is set to debut in Major League Cricket after signing with the San Francisco Unicorns, becoming the first India-capped player to join the league.
Quick commerce platform Zepto is reportedly planning to launch its Rs 11,000-crore Initial Public Offering (IPO) in July, following SEBI approval. The company is pursuing a distinct growth strategy, focusing on market density and operational intensity in metro markets rather than rapid geographic expansion, a move that sets it apart from rivals like Zomato and Swiggy.
India's mergers and acquisitions (M&A) market is projected to maintain an annual run-rate of approximately $200 billion, evenly split between domestic, inbound, and outbound transactions, despite global geopolitical turbulence, according to Rajesh Singhi, global co-head, M&A Advisory, Standard Chartered Bank.
Trent Boult's critical cameo with the bat at Grand Prairie Stadium that ultimately got MI New York over the line
BITS has produced 10 startup unicorn founders in the US.
Startups that became unicorns in 2024 took an average of nine years and six months to reach $1 billion valuation, reflecting the impact of a prolonged funding squeeze from PE/VC firms over the past few years.
Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.
White collar hiring in November has surged by 23 per cent, mainly led by non-IT sectors such as education, real estate, hospitality and travel, and insurance, says a report. October had registered a 9 per cent year-on-year decline in hiring due to advancement of Diwali dates this year while in November it rebounded with a 23 per cent growth, according to the Naukri JobSpeak Index report.
The average fundraise for the top 20 startups stood at $195 million in CY25.
Prism, the parent firm of global travel tech unicorn Oyo, has filed preliminary papers with market regulator Sebi to raise Rs 6,650 crore through an initial public offering (IPO) using a confidential route, people familiar with the development said on Wednesday.
Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models
Edtech unicorn PhysicsWallah on Thursday fixed a price band of Rs 103-109 per share for its upcoming initial public offering (IPO), aiming for a valuation of over Rs 31,500 crore at the upper end. The company's Rs 3,480-crore maiden public offering will open on November 11 and conclude on November 13 and anchor investors will be allocated shares on November 10, according to its public announcement.
'First, develop the ability to sell -- to persuade, negotiate and close. Second, understand the financial mechanics that determine where value pools and how profits are captured,' says Shaadi.com founder Anupam Mittal.
From jacquard cashmere to artisanal alpaca blends, textiles as heirlooms or work of art are all the rage this celebration season.
Watch Out for Apoorva Mukhija's bold, fearless and unapologetic style!
San Francisco's Allen hits record 19 sixes in MLC season opener
'Our vision is to innovate as many products as we can and solve as many problems as possible.'
Digital payments provider PhonePe has filed draft papers with markets regulator Sebi for its upcoming initial public offering (IPO) using the confidential pre-filing route. On Wednesday, the company's spokesperson said, "PhonePe Ltd has filed the Pre-filed Draft Red Herring Prospectus with Sebi and the stock exchanges, under...the Sebi ICDR Regulations in relation to the proposed initial public offering of its equity shares on the main board of the stock exchanges".
'PoK will be ours on its own. Demands have started being made in PoK, you must have heard sloganeering'
'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.'
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
With the Asia Cup starting September 9 in the UAE, the team could play without a sponsor logo after the government passed the Online Gaming Bill.
A student allegedly threatened a PhysicsWallah teacher with a slipper during an online class in 2023 -- one of the several safety-related incidents revealed by the edtech unicorn in its updated draft papers filed ahead of its initial public offering (IPO).
With the number of start-ups reaching the unicorn level falling drastically in 2023, the Hurun Unicorn Index said it has demoted eight gazelles - start-ups that were founded in 2000 and have the potential to go to unicorn in three years - to cheetahs.
Fresher hiring grew by 8 per cent driven by non-IT services oil and gas, real estate, and education sectors.
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
Finn Allen has been ruled out of the tournament after suffering a foot injury while representing the San Francisco Unicorns in the Major League Cricket in the United States.
Hazlewood was initially named in the squad for South Africa, will also return home following the Test series. Xavier Bartlett has been drafted in as his replacement.
Since then, 129 startups have joined this star status, of which 100 were added from January 2019, generating a total value of $535 billion. Entrepreneurs are building bigger enterprises at a faster rate -- 50 per cent of the 130 companies reached unicorn status in the first five years after their initial institutional fundraising.
