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Smaller Companies Finance Startups While Incumbents Drag Their Feet swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Flush with unicorns, India's tech moment arrives japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
While China is busy with tech crackdown, Indian firms like Paytm and Flipkart, are either going public or raising record amounts of money. swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
$1 billion is the new $100 million : Flush with unicorns, India’s tech moment arrives Top Searches $1 billion is the new $100 million : Flush with unicorns, India’s tech moment arrives Bloomberg / Jul 19, 2021, 08:58 IST FacebookTwitterLinkedinEMail NEW DELHI: Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world’s second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China. Food-delivery app Zomato Ltd became the nation’s first unicorn to make its stock-market debut, raising $1.3 billion with backing from Morgan Stanley, Tiger Global and Fidelity Investments. The parent of digital payments startup Paytm filed a draft prospectus for what could be India’s biggest IPO at $2.2 billion, while retailer Flipkart Online Services Pvt raised $3.6 billion at a $38 billion valuation, a record funding round for an Indian startup. ....
Watershed For Unicorns In India As China Tech Crackdown Spooks Investors Watershed For Unicorns In India As China Tech Crackdown Spooks Investors Food-delivery app Zomato Ltd. became the nation s first unicorn to make its stock-market debut, raising $1.3 billion with backing from Morgan Stanley, Tiger Global and Fidelity Investments. Food-delivery app Zomato Ltd. became the nation s first unicorn to make its stock-market debut. Last week marked a watershed for technology startups in India, as a record bout of fundraising shifted attention to the world s second-most populous market, just as investors were becoming spooked by a crackdown on internet companies in China. ....