Funding Analysis: Urban Company Gets A Booster Shot As It Outraces Rivals For Lockdown Gigs

The home services firm Urban Company has been valued at $2 billion after it rose $190-million through Prosus Ventures. Being backed by Ratan Tata and Kalyan Krishnamurthy, Urban Company is the twelfth Indian start-up to join the unicorn club of 2021.  

Why 9 Out Of 10 Startups Fail: India Inc. Bleeding Losses

The pandemic took a toll on Indian Startups, hundreds of which are handing out thousands of pink slips to employees to cut losses. Even big unicorn startups are no exception.