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Indian edtech startup, Unacademy, backed by SoftBank, lays off another 150 of its employees after sacking 600 employees earlier.

The making of a startup founder in India May 17, 2021 A successful unicorn founder from India is most likely to be a male graduate from one of the top IITs (Indian Institutes of Technology) who started his firm at a very early age, a Mint analysis of the profiles of unicorn founders shows. The list of unicorns considered here have been sourced from a recent report by Neelkanth Mishra and his colleagues at Credit Suisse, which showed that India already has 100 unicorns (unlisted firms with valuations above $1 billion), more than twice the number others had previously reported. Two-thirds of th...