Indian startup scenario seems unstoppable after eventful 2021. Watch out these promising upcoming unicorns in India in 2022. 2021 was the most eventful year for Indian startup scenario in the history. From Mindtickle to Nykka, the list of startup success…
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.
The Fintech Startup CRED’s valuation slingshots nearly 3X to $2.2 billion in just 3 months but the startup posted a loss of Rs 360 cr on a mere revenue of Rs 52 lakh in FY 2020, sparking a debate on hazy business models.
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.