#StartupsWithMC: Software firm Hasura raised $100 million, marking India's 8th #unicorn of 2022, already more than the seven of 2019, a record- breaking year then for startup funding. 🦄
Sriram Mani brings us the story 👇
https://www.moneycontrol.com/news/business/startup/software-firm-hasura-turns-unicorn-raises-100-million-led-by-greenoaks-capital-8149641.html?utm_source=telegram&utm_medium=social
Sriram Mani brings us the story 👇
https://www.moneycontrol.com/news/business/startup/software-firm-hasura-turns-unicorn-raises-100-million-led-by-greenoaks-capital-8149641.html?utm_source=telegram&utm_medium=social
Moneycontrol
Software firm Hasura turns unicorn, raises $100 million led by Greenoaks Capital
The deal marks India's tenth unicorn of 2022, already more than the seven of 2019, a record- breaking year then for startup funding.
As part of the deal, Mastercard has also made an investment in Zeta, a company that turned #unicorn in May 2021 after receiving a $250-million #funding from Japan's SoftBank Vision Fund 2.
Read more at 👇
https://www.moneycontrol.com/news/business/announcements/zeta-bags-investment-from-mastercard-as-part-of-five-year-partnership-8203231.html?utm_source=telegram&utm_medium=social
Read more at 👇
https://www.moneycontrol.com/news/business/announcements/zeta-bags-investment-from-mastercard-as-part-of-five-year-partnership-8203231.html?utm_source=telegram&utm_medium=social
Moneycontrol
Zeta bags investment from Mastercard as part of five-year partnership
As part of the partnership, Zeta will launch credit cards with issuers globally.
#StartUpsWithMC: #Amagi, a cloud SaaS #technology provider for broadcast and streaming television, is the latest entrant to India's growing #startup #unicorn club, with a $95 million fundraise led by #Accel.
Read more 👇
https://www.moneycontrol.com/news/business/startup/amagi-enters-indias-unicorn-club-with-95-million-funding-from-accel-others-8240641.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/startup/amagi-enters-indias-unicorn-club-with-95-million-funding-from-accel-others-8240641.html?utm_source=telegram&utm_medium=social
Moneycontrol
Amagi enters India's unicorn club with $95 million funding from Accel, others
Amagi enables content owners to launch, distribute and monetise live linear channels on free-ad-supported television and video services platforms through a suite of solutions.
I-T dept raided offices of Infra.Market, a #unicorn, and the residences of its #Mumbai-based founders Souvik Sengupta & Aaditya Sharda. The 72-hour search had little to write home about.
What did the sleuths find? Read at:
https://www.moneycontrol.com/news/business/startup/rs-2000-in-cash-no-unaccounted-assets-what-i-t-sleuths-found-in-3-day-raid-on-infra-market-8247701.html?utm_source=telegram&utm_medium=social
What did the sleuths find? Read at:
https://www.moneycontrol.com/news/business/startup/rs-2000-in-cash-no-unaccounted-assets-what-i-t-sleuths-found-in-3-day-raid-on-infra-market-8247701.html?utm_source=telegram&utm_medium=social
Moneycontrol
Rs 2,000 in co-founder's home, no unaccounted cash, assets at any location: What Income Tax sleuths found after a 3-day raid on…
The department is also learned to have conducted similar searches on the offices and residences of another B2B unicorn, Zetwerk, within a day of its searches at Infra.Market
#MCWeekendReads ⚡️ 'WeCrashed' on @Apple TV+ does not shy away from satire and absurdity, writes @UditaJ.
Case in point: a #unicorn walks through the frames of the opening credits. 🦄
Read her review of the show 👇
https://www.moneycontrol.com/news/trends/entertainment/wecrashed-review-equal-parts-love-story-and-office-drama-with-a-dash-of-black-comedy-8250441.html?utm_source=telegram&utm_medium=social
Case in point: a #unicorn walks through the frames of the opening credits. 🦄
Read her review of the show 👇
https://www.moneycontrol.com/news/trends/entertainment/wecrashed-review-equal-parts-love-story-and-office-drama-with-a-dash-of-black-comedy-8250441.html?utm_source=telegram&utm_medium=social
Moneycontrol
WeCrashed review: Equal parts love story and office drama, with a dash of black comedy
Jared Leto and Anne Hathaway are memorable as Adam and Rebekah in this show about the rise and fall of Adam Neumann - the co-founder of WeWorks.
CommerceIQ turns #Unicorn! 🦄
It raised $115 million at a valuation of a billion dollars led by SoftBank Vision Fund 2, reports Sriram Mani.
Read more at 👇
https://www.moneycontrol.com/news/business/startup/software-firm-commerceiq-raises-115-million-led-by-softbank-turns-unicorn-8256991.html?utm_source=telegram&utm_medium=social
It raised $115 million at a valuation of a billion dollars led by SoftBank Vision Fund 2, reports Sriram Mani.
Read more at 👇
https://www.moneycontrol.com/news/business/startup/software-firm-commerceiq-raises-115-million-led-by-softbank-turns-unicorn-8256991.html?utm_source=telegram&utm_medium=social
Moneycontrol
Software firm CommerceIQ raises $115 million led by SoftBank, turns unicorn
The deal makes it a so-called ‘unicorn’, the 13th originating from India so far, continuing the unicorn boom amid talks of a slowdown for technology funding.
Have you checked out #MCMinis yet? 🤔
They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. 📲 It is that easy and fast! ⚡️
Start exploring: http://moneycontrol.com/news/mcminis
#Amagi #Unicorn
They are quick explainers or short insights on topics that matter! They fit into the screenshot of your phone. 📲 It is that easy and fast! ⚡️
Start exploring: http://moneycontrol.com/news/mcminis
#Amagi #Unicorn
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"For me, anything North of South Bengaluru doesn't feel like Bengaluru. We've generally been very frugal so wherever we could find the lowest cost real estate we set up our office there," Zerodha founder & CEO Nithin Kamath on how he stays away from the startup bubble!
Catch the full show #BitsToBillions- The Unicorn Story! 🦄, this weekend, at 9.30PM on News18 & on https://youtube.com/user/moneycontrol with Chandra R. Srikanth ⚡️
#Startups #Unicorn #Zerodha
Catch the full show #BitsToBillions- The Unicorn Story! 🦄, this weekend, at 9.30PM on News18 & on https://youtube.com/user/moneycontrol with Chandra R. Srikanth ⚡️
#Startups #Unicorn #Zerodha
Turtlemint has raised $120 million in a Series E funding round. After the round, Turtlemint's valuation stands at $900 million, some distance away from the #unicorn tag.
Read more 👇
https://www.moneycontrol.com/news/business/announcements/turtlemint-raises-120-million-in-series-e-funding-inches-closer-to-unicorn-tag-8430581.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/announcements/turtlemint-raises-120-million-in-series-e-funding-inches-closer-to-unicorn-tag-8430581.html?utm_source=telegram&utm_medium=social
Moneycontrol
Turtlemint raises $120 million in Series E funding, inches closer to unicorn tag
The firm intends to use the fresh funds to expand in new geographies, scale leadership and strengthen product stack.
#VedantuInnovation has become the latest #edtech #startup to lay off employees joining the likes of Unacademy, & Lido Learning, nearly eight months after becoming a #unicorn.
Get the details here 👇
https://www.moneycontrol.com/news/business/edtech-unicorn-vedantu-follows-unacademy-lido-learning-lays-off-200-employees-8460741.html?utm_source=telegram&utm_medium=social
Get the details here 👇
https://www.moneycontrol.com/news/business/edtech-unicorn-vedantu-follows-unacademy-lido-learning-lays-off-200-employees-8460741.html?utm_source=telegram&utm_medium=social
Moneycontrol
Edtech unicorn Vedantu follows Unacademy, Lido Learning, lays off 200 employees
Vedantu’s move of laying off employees comes amid murmurs that the edtech sector in India is slowing down with schools and physical tuition classes reopening, thanks to decreasing Covid-19 cases across the country.
#StartupWithMC | In a historic moment for the world’s third-largest startup ecosystem, India got its 100th #unicorn earlier this week. 🦄
But are they profitable? 🤔
Know more from Nikhil Patwardhan 👇
https://moneycontrol.com/news/business/only-23-of-indias-100-unicorn-startups-are-profitable-8460041.html?utm_source=telegram&utm_medium=social
But are they profitable? 🤔
Know more from Nikhil Patwardhan 👇
https://moneycontrol.com/news/business/only-23-of-indias-100-unicorn-startups-are-profitable-8460041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Only 23 of India’s 100 unicorn startups are profitable
These unicorns have raised over $80 billion from investors to date, creating a total market value of more than $300 billion.
Inching closer to the #unicorn tag, Chennai-based Vivriti Capital has raised an additional $30 million as part of its Series C round.
The company had raised $55 million in the first close of its Series C funding in March. Details at 👇
https://www.moneycontrol.com/news/business/announcements/vivriti-capital-raises-30-million-from-tvs-capital-funds-inches-closer-to-unicorn-tag-8492861.html?utm_source=telegram&utm_medium=social
The company had raised $55 million in the first close of its Series C funding in March. Details at 👇
https://www.moneycontrol.com/news/business/announcements/vivriti-capital-raises-30-million-from-tvs-capital-funds-inches-closer-to-unicorn-tag-8492861.html?utm_source=telegram&utm_medium=social
Moneycontrol
Vivriti Capital raises $30 million from TVS Capital Funds, inches closer to unicorn tag
The fundraise is part of the company's $85 million Series C round. Vivriti Capital had raised $55 million of the total amount in March this year from existing investors Lightrock India and Creation Investments.
#OneCard’s parent FPL Technologies closed its Series D funding round of over $102 million led by #Singapore-based #TemasekHoldings (via MacRitchie Investments).
OneCard enters the #unicorn club. Read 👇
https://bit.ly/3IC638X
OneCard enters the #unicorn club. Read 👇
https://bit.ly/3IC638X
Moneycontrol
OneCard enters unicorn club, raises over $102 million, led by Temasek Holdings
Post this round, the promoters will continue to hold a 29.99 percent stake in the start-up.
Edtech #unicorn #Vedantu has laid off another 100 #employees in a restructuring exercise, sources told Moneycontrol, marking the company’s third round of layoffs since May 2022.
Read in detail 👇
https://bit.ly/3d2RbVv
Read in detail 👇
https://bit.ly/3d2RbVv
Moneycontrol
Edtech unicorn Vedantu lays off another 100 employees
According to sources, permanent employees from sales and training teams were laid off over the last month.
"#India is a young nation with great #innovative spirit. We are among the top #startup hubs in the world. Since 2021, we have almost doubled the number of #unicorn start-ups. This is due to India's young #talent," PM Narendra Modi said.
Read more 👇
https://bit.ly/3Ex5GMR
Read more 👇
https://bit.ly/3Ex5GMR
Moneycontrol
Technology, talent two pillars of India's development journey: PM Modi
In a video message to the Second United Nations World Geospatial Information Congress-2022 being held here, the Prime Minister said the country has been working on a vision of Antyodaya, which means empowering the last person at the last mile in a mission…
#StartupsWithMC: Financial services #unicorn PhonePe is in talks to raise a new round of #funding led by General Atlantic at a valuation of over $12 billion,sources privy to the matter said
Read here 👇
https://bit.ly/3VXS8Av
Read here 👇
https://bit.ly/3VXS8Av
Moneycontrol
Walmart-backed PhonePe taps General Atlantic for funding at a valuation of $12 billion
If PhonePe’s massive round goes through, it will make the startup India’s most valued fintech, amid a rout in startup funding
#StartUpsWithMC | UpGrad's CEO Arjun Mohan has quit the #unicorn to explore outside opportunities as the company transitions its leadership structure to focus more on profitability.
Nikhil Patwardhan reports 👇
https://bit.ly/3iqhw2D
Nikhil Patwardhan reports 👇
https://bit.ly/3iqhw2D
Moneycontrol
Ronnie Screwvala-led upGrad CEO Arjun Mohan steps down
upGrad will not be replacing Mohan and Mayank Kumar, co-founder and managing director of upGrad will be taking over Mohan's responsibilities, according to a person with direct knowledge of the matter.
#StartupWithMC: Content to commerce #unicorn The Good Glamm Group announced that it has entered into a joint venture with actor Akshay Kumar to launch a range of personal care and wellness products for men
Read all about the JV here 👇
https://bit.ly/3lNqVTR
Read all about the JV here 👇
https://bit.ly/3lNqVTR
#TheTenant 🏠 | Meet Deep Ganatra, a tech professional who works for a #unicorn and is a first-time #tenant.
📽 Watch his story as he turns from a #HouseOwner to a tenant, waiting for the possession of his dream property 🏘
Catch the full episode here 👇
https://youtu.be/mVQnVThBi3c
📽 Watch his story as he turns from a #HouseOwner to a tenant, waiting for the possession of his dream property 🏘
Catch the full episode here 👇
https://youtu.be/mVQnVThBi3c
🦄🌍 #DailyData📊: Check out the latest Hurun Global Unicorn Index for 2024!
Here are the countries leading the pack with the highest number of unicorn companies.
Who's on top? Stay tuned!
#Unicorn #Startup #HurunGlobalUnicornIndex
Here are the countries leading the pack with the highest number of unicorn companies.
Who's on top? Stay tuned!
#Unicorn #Startup #HurunGlobalUnicornIndex