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A decade since India saw the creation of its first unicorn, the 44 startups that have reached this milestone have created $106 billion in value for the Indian ecosystem. Having created over 1.4 million jobs annually, Indian startups have taken eight years on an average to hit the unicorn milestone, according to a report by early-stage VC fund Orios Venture Partners. The trend that is noticeable here is that time has been reducing, as founders with prior founding or startup experience are coming into play. Startups like Naukri.com and MakeMyTrip, which had been founded before 2005, have take...

Indian start-up ecosystem witnesses $106-billion value creation by 44 unicorns February 23, 2021 41% unicorns originated from Bengaluru, 34% from Delhi, 14% from Mumbai; fintechs accounted for the most number, followed by retail and SAAS The Indian start-up ecosystem has seen $106-billion worth value-creation by 44 unicorns, including MakeMyTrip, InMobi, Paytm, Ola, BYJU’S, Cars24, Razorpay, Swiggy, and Zomato, among others, which in turn has created 1.4 million direct and indirect jobs. While fintech has seen the maximum number of unicorns, retail and SaaS are a close second. Other spaces ...

Shares of Info Edge India, one of the leading internet firms in the country, declined 4.4 per cent in Wednesday's intra-day session to hit a low of Rs 4,865 per share. With today's slide, the share price has tumbled 12 per cent in two days. At 12:10 PM, the stock was trading 4 per cent down at Rs 4,865 on the BSE, compared with a 0.25 per cent decline in the S&P BSE Sensex. The stock is now down 17 per cent from its 52-week high level of Rs 5,876 apiece, touched on January 6, 2021. On February 12, the company had reported a 22.7 per cent on year decline in standalone net profit at Rs 69.87...

What would be your preferred plays given that the environment is shifting? In the last three or four months, we have been very constructive on financials and part of the reason is that even as Covid hit, the financial sector had consolidated quite a bit. Corporate credit in the banking system has declined 10% in the last five to six years. That is a substantial amount of consolidation and speaks to the asset quality on the book of the banks and the financials. Even on the retail side, India is the least penetrated market in the world. So, both on the corporate and the retail side, there is no...

Explore Now “We want to invest in companies that have the ability to deliver significantly higher than market earnings growth of more than 20-25%”, says Sumeet Nagar, MD, Malabar Investments. In the portfolio which you manage, I have never seen you play the theory of mean reversion. A lot of fund managers say what has worked in the past may not work in the future because the biggest truism in the market is mean reversion. But you tend to buy good companies when they go down rather than flipping and flopping out of sectors? Yes, the mean reversion theme across sectors or across quality of ...