Unicorns

The median stake that founder groups hold in their unicorn startups has gradually fallen over the last six years to just 13 percent in 2024, down from as much as 24.6 percent in 2018, according to data from Tracxn

Late-stage startup funding lower than 2018 levels, shows Blume report

At $6.6 billion, late-stage funding in 2024 was lower than $7.7 billion in 2018 despite an overall increase in funding, Blume’s Indus Valley Annual Report 2025 has said

Unicorn alert! Trading startup Dhan in discussions to raise $100 million at $1.5 billion valuation

For Dhan, the new round will be its largest since its inception in 2021 and even the company’s valuation will increase significantly from around $150 million to a staggering $1.2-1.5 billion.

How Estonia transformed into Europe’s tech and startup powerhouse in the post-Soviet era

The tiny Baltic nation prioritised tech education for children and embraced online culture and is now a digital giant

Meesho walks a tightrope to break even in Q3FY24 after turning a profit in preceding quarter

Meesho has not achieve operational profitability (EBITDA positive) in any of the quarters since at least the end of 2022, the documents showed.

Licious hits $100 million in annual revenue run rate

For its next phase of growth, Licious will focus on the ready-to-eat category and open more offline stores. It plans to open 40 stores by the end of the current fiscal.

Swiggy integrates Mall with Instamart to expand assortment in quick commerce

The move comes weeks after Swiggy integrated the InsanelyGood business, which delivered premium groceries, into Instamart.

Invesco marks up Swiggy’s valuation to $12.7 billion ahead of IPO

The series of mark ups now push Swiggy’s valuation closer to that of its rival Zomato, which has a market capitalisation of over $20 billion.

Livspace in talks to raise $25 million from existing investor KKR

Livspace, which raised $180 million in February 2022 from KKR and other investors, was last valued at $1.2 billion. The company has however denied such talks.

Only 22% of Indian unicorns started by solopreneurs in last decade, says report

Bengaluru, India's Silicon Valley, was the most preferred destination for solopreneurs, according to an analysis by PrivateCircle Research.

Tiger Global, SoftBank set to end funding winter with $300 million round in Meesho

Meesho is in the process of flipping its base back to India from Delaware and a bulk of the fresh capital will be used to pay the relevant taxes ahead of a planned IPO, according to sources.

Meesho churn continues as CXO Harsh Chaudhary departs to join rival Flipkart

At Flipkart, Chaudhary is now the vice president (VP) of Customer. In his new role, he will lead customer growth which includes acquisition and retention of users.

Unicorns to add $1 trillion to economy by 2030, generate 50 million jobs: CII study

Startup firms valued over USD 1 billion are categorised as unicorns.

Going all in: Edtech unicorns eye growth again after brutal cost-cutting 

After hunkering down for two years in the face of a funding winter, edtechs are getting ready to ramp up their offline offerings, diversify into new segments and invest in Generative AI products

Zomato-backed Cult.fit raises $10 million from Valecha Investments, others

Cult.fit has raised money at a time when it is looking to move away from a tech-first gym chain to a company that is more focused on an offline model.

Swiggy changes registered name ahead of IPO

The new name, Swiggy Pvt Ltd, will help in establishing greater proximity and identification with the core name Swiggy, the grocery and food delivery firm has said

Mamaearth Q3: Expect slowdown in short-term but will grow ahead of industry in long-term, says CEO Varun Alagh

Overall, about one-third of Honasa’s business comes from offline channels while the remaining comes from online. For Mamaearth, the split is 50:50.

Mamaearth Q3 results: Honasa Consumer profit up 250% to Rs 26 crore

Honasa Consumer Q3 earnings: Mamaearth's operating revenue at Rs 488.2 crore was a 28 percent higher from the year-ago period

Temasek-backed Licious lays off 80 employees as part of operational reset

The development comes months after Moneycontrol reported that the Bengaluru-based unicorn had seen its revenues stagnate while its monthly cash burn remained unchanged.

US-based Fidelity cuts valuation of Meesho and Pine Labs

Fidelity has cut Meesho’s valuation from $5 billion earlier to $4.1 billion. Pine Labs, Fidelity said, was valued at $3 billion down from $4.7 billion previously

SoftBank-backed Meesho losses halved to Rs 1,675 cr in FY23, revenue grew 77% to Rs 5,735 cr

Meesho said its revenue In the first half of the current fiscal year was already more than the whole of FY22.

Global AI conclave: Unicorns are adolescent companies, says Peak XV’s Shailendra Singh 

Singh says funding into startups will pick up in the coming months as publicly traded tech stocks continue to rally

Mensa Brands’ revenue jumps to Rs 505 crore; losses mount in FY23

Earlier in the year, Mensa had said it is now shifting focus to now concentrate on larger companies.

Xpressbees raises $80 mn from Ontario Teachers' Pension Plan at $1.4 bn valuation

While Xpresbees did not shed light on the valuation, sources told Moneycontrol that the company was last valued at $1.4 billion, unchanged from its previous round in April.

Unacademy top level churn continues, CFO Subramanian Ramachandran latest to leave

Chief operating officer Vivek Sinha and chief of staff Abhyudayay Rana also departed in September.