RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.
Country's startups are carving a unique path by prioritising local, application-led innovation over the global pursuit of scale.
Trent Boult's critical cameo with the bat at Grand Prairie Stadium that ultimately got MI New York over the line
The average fundraise for the top 20 startups stood at $195 million in CY25.
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.
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.
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.
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.
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
From jacquard cashmere to artisanal alpaca blends, textiles as heirlooms or work of art are all the rage this celebration season.
'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.
'Our vision is to innovate as many products as we can and solve as many problems as possible.'
Watch Out for Apoorva Mukhija's bold, fearless and unapologetic style!
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.
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'
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).
San Francisco's Allen hits record 19 sixes in MLC season opener
Fresher hiring grew by 8 per cent driven by non-IT services oil and gas, real estate, and education sectors.
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.
'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'
Whether in cricket or business, Kohli continues to play the long game.
The IPO wave of 2025 is here, and it's bigger than ever. From fintech unicorns to financial powerhouses and infrastructure giants, some of India's biggest names are all set to make their stock market debut. PhonePe, Zepto, Tata Capital, NSE, NSDL, and JSW Cement are just a few of the highly awaited listings that have investors and analysts buzzing with excitement.
'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.'
Hiring trends in India's white-collar job market dipped marginally by 1.4 per cent in March compared to the same month last year, driven by a decline in recruitment in the retail, oil & gas, and education sectors, a report said on Wednesday.
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.
'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
'Today, we have 2 million active drivers earning through our platform every month.'
'India is a very strategic geography. The business is growing over 37-38 per cent year-on-year.'
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.
India may get its first unicorn this year as Zepto, which promises 10-minute deliveries, is in talks to get fresh funding that would take the start-up's valuation past $1 billion. The quick-delivery firm is looking to raise $150 million in a series E round, which will take its valuation to $1.3 billion. The round will be led by StepStone Group, a limited partner (LP) of Zepto's existing investor, Nexus Venture Partners, said media reports.
Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.
India is currently home to 52 unicorn startups and one of the fastest-growing startup ecosystems.
The drying up of funds for a number of start-ups is affecting the firms' unicorn status across the globe. The past six months have seen the valuations of 147 unicorns drop, of which 71 were from the US and 29 from China, according to the latest Hurun Global Unicorn Index 2022. Eighty-one unicorns from across the globe saw their valuations drop below $1 billion-the threshold for a start-up to be labelled unicorn-from last year.
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
The move comes barely a week after fellow crypto unicorn CoinDCX laid off 12 per cent of its workforce - an estimated 80 employees - amid challenging macroeconomic conditions and regulatory uncertainty in the sector. CoinSwitch has 519 employees, according to its LinkedIn profile. This means around 8 per cent of its workforce were shown the door.
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