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  • This unicorn founder hates reading business books. Here's what he loves reading Jun 16, 2021 01:06 PM IST

    This unicorn founder hates reading business books. Here's what he loves reading

    How many high-powered business executives hate reading business books? Here's one. In a candid Clubhouse conversation, Infra.Market CEO Souvik Sengupta talks about pleasurable reading, the joy of PG Wodehouse, and how his investors give him subtle hints on where he lacks as an entrepreneur

  • Would you buy a car online like you buy phones or books? Cars24 hopes so. Jun 09, 2021 08:00 AM IST

    Would you buy a car online like you buy phones or books? Cars24 hopes so.

    The used car-selling platform is aware of the many problems it entails -- whether customers would buy something for Rs 4-5 lakh without even touching it or whether they would insist on seeing and test-driving many models. Cars24 founder and CEO Vikram Chopra has the answers to these questions and more.

  • Exclusive: OfBusiness eyes unicorn club with SoftBank funding at $1.5b valuation Jun 02, 2021 07:43 PM IST

    Exclusive: OfBusiness eyes unicorn club with SoftBank funding at $1.5b valuation

    Japanese investment giant SoftBank has committed a billion dollars to Indian startups in a quarter. Moneycontrol can exclusively reveal that it is in advanced discussions to back lending B2B commerce firm OfBusiness, giving it the coveted unicorn tag- of startups valued at over a billion dollars

  • Becoming unicorn doesn’t mean much, want to grow 200-300 times from here: Urban Company CEO Abhiraj Bhal Jun 02, 2021 11:01 AM IST

    Becoming unicorn doesn’t mean much, want to grow 200-300 times from here: Urban Company CEO Abhiraj Bhal

    Home services startup Urban Company CEO Abhiraj Bhal in an interview with Moneycontrol talks about why people ordering from home is a permanent shift, not just a pandemic-induced one, vaccinating delivery partners, dealing with the pandemic and more.

  • CRED's Kunal Shah takes potshot at Zerodha's 100 crore salary decision, Nithin Kamath defends May 31, 2021 09:59 AM IST

    CRED's Kunal Shah takes potshot at Zerodha's 100 crore salary decision, Nithin Kamath defends

    Nithin clarified this is an enabling resolution that allows them as working promoters to draw salaries up to 100 crores in case of liquidity requirements.

  • Exclusive: Eruditus eyes $2.5 billion valuation, could become second most valued edtech after Byju’s May 28, 2021 08:13 AM IST

    Exclusive: Eruditus eyes $2.5 billion valuation, could become second most valued edtech after Byju’s

    Online learning firm Eruditus, turbocharged by the pandemic, could become India's second most valuable edtech startup. It is seeking a valuation of $2.5 billion, tripling from $800 million in October 2020

  • Zeta has rewritten entire banking stack, this hasn't been done before: Co-founder Bhavin Turakhia May 25, 2021 08:47 PM IST

    Zeta has rewritten entire banking stack, this hasn't been done before: Co-founder Bhavin Turakhia

    Zeta wants to reimagine the core banking stack for traditional banks- which currently use older solutions like Finacle and Flexcube from IT frms and wants to provide banks and fintechs with a mobile.

  • Billion-dollar valuation on $10 million revenue: Decoding SoftBank’s unique bet on Zeta May 25, 2021 03:05 PM IST

    Billion-dollar valuation on $10 million revenue: Decoding SoftBank’s unique bet on Zeta

    SoftBank has invested $250 million in banking software firm Zeta, valuing it at $1.45 billion. Zeta has generated $10 million revenue so far, that too mostly from one client. So what justifies this valuation? Moneycontrol explores the factors at play, Zeta's potential, and SoftBank's strategy.

  • Moglix latest to join growing unicorn list with $120 million from Falcon Edge May 17, 2021 11:02 AM IST

    Moglix latest to join growing unicorn list with $120 million from Falcon Edge

    Moglix is India's 13th internet startup to be valued at a billion dollars or more this year. India created 11 unicorns in all of 2020.

  • Urban Company is India's 12th unicorn of 2021 after a $188-million funding round Apr 27, 2021 02:25 PM IST

    Urban Company is India's 12th unicorn of 2021 after a $188-million funding round

    The home services firm has been valued at $2 billion after it raised a $188-million round led by Prosus Ventures.

  • A black hole dubbed 'the Unicorn' may be galaxy's smallest one Apr 23, 2021 09:36 AM IST

    A black hole dubbed 'the Unicorn' may be galaxy's smallest one

    The researchers said the black hole is roughly three times the mass of our sun, testing the lower limits of size for these extraordinarily dense objects that possess gravitational pulls so strong not even light can escape.

  • Urban Company eyes $2 billion valuation with fresh round of investments: Report Apr 12, 2021 07:25 PM IST

    Urban Company eyes $2 billion valuation with fresh round of investments: Report

    The net booking value of all transactions through the Urban Company platform grew 138 percent from Rs 385 crore in FY19 to Rs 918 crore in FY20.

  • A historic week for Indian startups, six new unicorns in four days: Know all about them Apr 12, 2021 03:19 PM IST

    A historic week for Indian startups, six new unicorns in four days: Know all about them

    With these six startups, India's unicorn club now has 10 members in just four months.

  • This week in start-up funding: It is raining unicorns Apr 09, 2021 07:36 PM IST

    This week in start-up funding: It is raining unicorns

    Ten Indian startups have become billion-dollar valued companies or unicorns in the first four months of 2021. Of this, six turned unicorns this week on consecutive days.

  • Gupshup becomes 10th unicorn of 2021, Tiger Global leads $100 million round Apr 08, 2021 03:31 PM IST

    Gupshup becomes 10th unicorn of 2021, Tiger Global leads $100 million round

    The company is also eyeing public listing. “As a company we want to be ready within the year, maybe later this year. But the actual listing depends on external factors that are not in our control,” co-founder and CEO Beerud Sheth said. Gupshup will focus on building the right organisation, with a business model that is predictable and profitable.

  • Exclusive | Meesho CEO Vidit Aatrey: Will focus only on India for next few years Apr 05, 2021 02:41 PM IST

    Exclusive | Meesho CEO Vidit Aatrey: Will focus only on India for next few years

    The social commerce firm wants to focus only on India- a change in strategy- and enable 100 million small businesses to come online. The Facebook-backed startup also wants to be platform agnostic and be wherever the user goes, not just WhatsApp or Instagram,

  • Dream11 parent valued at $5 billion in $400 million secondary funding round Mar 24, 2021 05:57 PM IST

    Dream11 parent valued at $5 billion in $400 million secondary funding round

    Dream Sports' valuation doubled to $5 billion in less than six months

  • Exclusive: Moglix valuation to triple to $1 billion, Falcon Edge to invest Mar 23, 2021 07:57 AM IST

    Exclusive: Moglix valuation to triple to $1 billion, Falcon Edge to invest

    Industrial goods marketplace will be India's fifth unicorn- billion dollar private companies- in the third month of 2021. Its valuation is set to triple from less than two years ago. Its investors includr Ratan Tata, VC firms Accel, Sequoia Capital and Tiger Global

  • Credit Suisse Report 2021 | India has 100 unicorns; here's an insight in unicorn landscapes Mar 17, 2021 09:41 PM IST

    Credit Suisse Report 2021 | India has 100 unicorns; here's an insight in unicorn landscapes

    A Credit Suisse report reveals that as many as 100 unicorns in India have a combined valuation of US$240 bn, here's a look into them, their sectors, location, valuation, and more.

  • Exclusive: Five Star Finance seeks $1.2 billion valuation, Morgan Stanley may exit Mar 16, 2021 10:07 AM IST

    Exclusive: Five Star Finance seeks $1.2 billion valuation, Morgan Stanley may exit

    Morgan Stanley may sell part of its stake for close to $100 million to Sequoia Capital’s Global Growth Fund. Till 2004, Five Star had a loan book of less than Rs 1 crore, which grew to Rs 100 crore by 2012. The lender’s real growth has come since 2012, and it has grown 20 times since.

  • SaaS startup Icertis raises $80 million in Series F funding; valuation triples to $2.8 billion Mar 11, 2021 07:50 PM IST

    SaaS startup Icertis raises $80 million in Series F funding; valuation triples to $2.8 billion

    The funding was led by existing investor B Capital Group, with participation from Greycroft, Meritech Capital Partners, Premji Invest, PSP Growth, and e.ventures.

  • Meet India’s newest and most unique unicorn Mar 03, 2021 10:57 AM IST

    Meet India’s newest and most unique unicorn

    Infra.Market ties up with contract manufacturers, gets them to utilize idle capacity and manufacture products under its own brand, which it then sells to large infrastructure companies and retail outlets. It is this distinctive template that has led it to be valued at a billion dollars, barely 20 months after its first funding round

  • Infra.market turns unicorn, raises $100 million led by Tiger Global Feb 25, 2021 02:11 PM IST

    Infra.market turns unicorn, raises $100 million led by Tiger Global

    Its other investors including Accel Partners, Nexus Venture Partners and Sistema Asia Fund invested as well.

  • EXCLUSIVE: Healthcare startup Innovaccer to enter unicorn club, in talks with Tiger Global for $100-$150 million funding Feb 15, 2021 10:24 AM IST

    EXCLUSIVE: Healthcare startup Innovaccer to enter unicorn club, in talks with Tiger Global for $100-$150 million funding

    The SaaS startup was valued at $400 million last February, when it raised $70 million from a clutch of investors including Tiger Global and Steadview Capital. Innovaccer takes millions of data points such as patient profiles, risk factors and types of disease, and channels that data to digitise solutions for hospitals, clinics and patients

  • CEO Ashneer Grover opens up about BharatPe's bid to acquire Punjab and Maharashtra Cooperative Bank Feb 12, 2021 12:58 PM IST

    CEO Ashneer Grover opens up about BharatPe's bid to acquire Punjab and Maharashtra Cooperative Bank

    If the buyout succeeds, the plan is to turn PMC into a purely digital enterprise; will also help the company source cheap capital for lending

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