Unicorn: News

13 Oct 2022


Winter is here for start-ups and it's not going away

We have been hearing about India's tough start-up landscape. Now, we have figures to support that.

16 Jun 2022


Which IITs, IIMs have churned out most Indian unicorn founders?

India recently achieved the milestone of 100 unicorns.

09 Jun 2022


Nykaa-rival Purplle becomes India's 102nd unicorn with latest $33mn fundraise

Online cosmetic products start-up Purplle has joined the coveted unicorn club. In its Series E funding led by Paramark Ventures, the Mumbai-based company has raised $33 million at a $1.1 billion valuation.

07 Jun 2022


Physics Wallah raises $100 million; becomes India's 101st unicorn

Noida-based ed-tech start-up Physics Wallah has joined the coveted unicorn club in India.

14 Oct 2021


CarDekho turns unicorn with $250mn pre-IPO funding led by LeapFrog

Aiming to capture a larger share in India's used car retail space, Jaipur-based CarDekho has raised $250 million, including $200 million in equity and $50 million as debt, in its latest pre-IPO funding round.

20 Dec 2019


Lenskart raises $231 million, enters the elite unicorn club

Lenskart, a Faridabad-based start-up providing a platform to buy eyewear online, has reportedly raised $231 million in a Series G round of funding led by Japanese conglomerate SoftBank.

20 Dec 2018


Swiggy raises $1bn in its largest funding round yet

Months after entering India's unicorn club, food delivery platform Swiggy has raised a whopping $1bn in fresh capital from existing and new investors.

25 Sep 2018


OYO Rooms raises $1bn, enters unicorn club

Budget hotel chain OYO Rooms has entered India's unicorn club, having raised a whopping $800mn in a round led by Japan's Softbank Vision Fund.

02 Aug 2018


Apple is now first public company worth $1 trillion

On Thursday, Apple became the world's first public company to be worth a whopping $1 trillion.

OrCam: This lesser-known company got a $1 billion valuation

OrCam Technologies Ltd., an Israeli company developing technology for visually impaired people, has been valued at $1 billion after completing a funding round of $30.4 million.

28 Jan 2018


Paytm to become a $10bn start-up after secondary share sale

The valuation of home-grown digital payments giant Paytm, owned by Noida-based One97 Communications, is likely to jump to $10bn after some existing and former employees sell a part of their shares to new investors, including Canada-based Discovery Capital. Information about other investors isn't available yet.

05 Sep 2017

Alibaba Group

Zomato eyes $200m from Alibaba, may get the unicorn-tag back

According to reports, Zomato is currently engaged in negotiation with Alibaba and its payments affiliate Ant Financial to raise up to $200 million from them.

24 Jun 2017


InMobi looking for a CTO as Saxena plans to move

InMobi announced that it was looking for a new chief technology officer as incumbent Mohit Saxena is set to move to the US for personal reasons.

18 Jun 2017

Emmanuel Macron

France launches tech visa to become "country of unicorns"

In a bid to become "country of unicorns", France launched a new technology visa to attract foreign talent.

09 May 2017


MobiKwik may get $100 million funding from BlackRock and others

MobiKwik, which competes with firms such as Paytm and FreeCharge in digital payments space, is now going to get a big boost in its endeavors.

06 May 2017


Uber under criminal investigation in US over 'Greyball'

Uber is facing criminal investigation in the US over its Greyball program that it uses to evade authorities, particularly in areas where it was banned or restricted.

17 Apr 2017


Hike to add payments mechanism with UPI integration

Sources confirmed that Hike Messenger is all set to roll out a payment mechanism on the app which will be the first in India to be integrated with the government's UPI interface.

05 Apr 2017


InMobi, India's 1st unicorn manages to show steady profit

India's first unicorn InMobi has managed to remain profitable throughout 2016.

06 Mar 2017


Uber confirms existence of secret program to avoid the law

In response to a report by The New York Times, ride-sharing giant Uber confirmed that it had been using a secret program called Greyball to avoid authorities in cities where it faced resistance from law enforcement or government bans.