unicorns

Harsh Jain says it's an "open secret" that he doesn't use his own fantasy sports app — for fantasy football, at least. "I am still committed to fantasy football on Fantasy Premier League, the reason we created Dream11." Fantasy sports are…

Thousands lost jobs amid deepening funding winter in 2022 as massive layoffs by the tech companies this year alone surpassed the levels from the Great Recession the world went through in 2008-2009 that began with Lehman Brothers collapse.…

There is huge scope for the mushrooming of more startups and the consequent generation of employment as new-age companies look to ride on the economic growth being driven by the Indian government, V Vaidyanathan, MD and CEO of IDFC First…

The Indian IT industry will hire 200,000 workers in the near term despite macro headwinds such as inflation and impending US recession, said S (Kris) Gopalakrishnan, cofounder, Infosys. "The Indian industry is expected to grow at 8-10% on a…

Karnataka Startup Vision Group Chairman Prashanth Prakash on Wednesday said he would expect more than 25 unicorns to go public in the next three years, creating billions of dollars in new market cap. This is one of the three predictions…

Homegrown tech-focused venture capital firm Chiratae Ventures has launched its first growth fund and marked its first close at Rs 759 crore ($92.6 million), with an option to raise another Rs 750 crore. It is aiming to make the final close…

The valuation of firms like Quikr, Paytm Mall, and Hike have dropped below $1 billion. Shopclues and Blinkit were acquired for a fraction of their billion-dollar valuation. Shivani Shinde reports. The drying up of funds for a number of…

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In May this year, India became home to 100 unicorns, positioning itself as the hub of start-ups. The same year in August, 20 start-ups achieved the unicorn status. The collective valuation of these start-ups was at $341…

<!-- -->Nirmala Sitharaman said these unicorns have managed to raise over $63 billion in the last few years.Chennai: India was home for over one hundred unicorns with a total value of USD 250 billion which have managed to raise over…