New Unicorns News Today

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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Startup funding in India during Q3 of 2022 hit a two-year low at USD 2.7 billion with a total of 205 deals, according to a PwC India report.

The start-up ecosystem in India is the third largest in the world after the US and China. The India unicorn bandwagon is led by edtech player Byju’s ($22 billion), food delivery start-up Swiggy ($11 billion), and fantasy gaming company Dream11 ($8 billion).

Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJUs (White Hat Jr, Toppr), Unacademy, Vedantu, Cars24, Mobile Premier League (MPL), Lido Learning, Mfine, Trell, farEye, Furlanco and more.

From layoffs at Indian startups in 2022 to spats between founders and more — it’s been a dark year for startups with plenty of problems

With over $42 Bn raised by startups, 2021 exceeded all expectations, and we go into some of the major takeaways

Our spectacular run of new unicorns reflects a Schumpeterian embrace of risk that should eventually serve the Indian economy well. Till then, tax reforms could advance the cause

by Tyler Durden Monday, Apr 12, 2021 - 07:50 AM Global stock markets and US equity index futures dipped modestly with shares in Europe and Asia as traders weighed inflation risks, an uneven global recovery and the latest upbeat economic outlook from Washington. After sprinting to close at an all time high on optimism that vaccination programs and the easing of lockdowns to combat COVID-19 would bode well for an economic rebound, S&P 500 futures were cautious to start the new week as investors w...