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.  

CRED’s Unicorn Status: A Bubble Waiting To Burst?

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.

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.

6 Top Performing ‘Pandemic-Proof’ Indian Startups Of 2020

India has emerged as the third-largest venue for unicorn Startups despite the pandemic. The feat can be attributed to a number of factors, let’s take a closer look