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VCs say 10 unicorns in 4 months may seem too small by the end of this year VCs say 10 unicorns in 4 months may seem too small by the end of this year Sanchita DashApr 16, 2021, 12:09 IST Charting India's 10 unicorns in four monthsBusiness Insider India India saw 10 unicorns emerge in the first four months of 2021 as compared to 11 unicorns from the whole of 2020. Venture capitalists and money managers in India say that this number might seem pretty small by the end of the year. India may soon see more than 100 technology startups as unicorns, much before the 2025 target. India saw 10 unicorn...

File picture If you really wish to understand the enormity and impact of the IPL juggernaut, then you really need to savour and digest some of the statistics below on television and digital engagement of the League... -There has been unparalleled viewership growth since IPL moved to the Star TV Network from Sony who were the broadcasters for the first 10 years - 54% growth from 2017 to 2020. When Uday Shankar and Sanjay Gupta, the then CEO and COO of Star India wrote out a Rs. 16,000 crore cheque for the media rights for 5 years, the entire Indian media industry let out an aggregated gasp of ...

Insurance bought digitally at ~15% vs less than 5% five years ago 35% of overall policies are high sum insured policies "Health insurance will be larger than motor Insurance by the end of this year," says Sarbvir Singh. Health Insurance has been on the top of mind of the consumers since last year. Traditionally, Motor Insurance was significantly larger than Health Insurance over the past years. Increased awareness towards Health coupled with rising hospitalization costs has led to a shift in consumer behavior. People are buying more protection products like Health and term insurance coupled ...

Internet initial public offering (IPO) news is coming from all corners: Flipkart, PolicyBazaar, Zomato, Ola, Freshworks, PepperFry, Nykaa and Delhivery are all at various stages of finalising their plans. According to an HSBC Global Research report, more than $60 billion was invested in India’s internet sector in the past five years – around $12 billion of that in 2020 alone. There were 34 unicorns in India as of February, according to research firm Tracxn. However, there is a bump. Most Indian start-ups are loss-making. Securities and Exchange Board of India (Sebi) rules make it nearly i...

BENGALURU: New-age logistics major Delhivery is in talks with multiple global investors, including US-based Fidelity, for funding before its initial public offer (IPO) that would value the startup at around $3 billion, two people aware of the matter said. Delhivery was valued at a little over $2 billion after the secondary investment from Steadview Capital in December 2020, the sources added. This indicates an almost 50% higher valuation for the SoftBank-backed Delhivery in about three months, if a deal is concluded. The pre-IPO round is said to be in the range of $100-150 million, but it co...