Tuesday, December 06, 2022
Outlook.com
Outlook India
Outlook Business
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Unicorns

The Chennai-headquartered unicorn plans to open 100 points-of-presence globally within five years to provide a faster network to its enterprise users

Systematically strengthening its leadership, in the past year the private equity fund appointed Praveen Sridharan as partner-investments and LN Guru Moorthy as chief financial officer and partner

The business-to-business manufacturing providers startup has held talks with funds resembling Premji Invest, TCV Partners and Catamaran

The Harvard Business School professor and author notes that start-up founders often underestimate the time it takes to prove commercial viability over the creation of the invention itself

The Global Unicorn Index 2022 Half-Year Report by the Hurun Research Institute also reported that 147 start-ups saw their valuations drop

Amid complaints from investors and recent reports of opaque accounting of a few unicorns, Sebi has asked a large number of funds to disclose their valuation practices

98.91 per cent of Zomato's shareholders were in favour of Bikhchandani's continuing on the board of directors of the food delivery platform

Union Minister Dr Jitendra Singh said India is home to almost 75,000 start-ups, of which 49 per cent are from tier-2 and tier-3 cities

Though many quick commerce companies are trying to gain ground while keeping delivery time in check, Zepto's 19-year-old CEO is confident that the start-up will continue its hyper-growth trend