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2 mins read

Minicorns, Unicorns tripled in USD 100 billion Indian fintech ecosystem: BCG, Z47

The Fintech ecosystem of the country now cumulatively valued at over USD 100 billion, is at a pivot…

ANI   


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1 min read

Fintech firm Perfios becomes India's second unicorn of this year

B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…

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Record drop in future unicorns as funding winter, regulatory actions bites startup valuations

The number of unicorns — startups valued at over USD 1 billion — slipped by one to 67 in 2023. The …

PTI   


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7 mins read

A billion little pieces: Unicorns lose bragging rights as funding winter deepens

A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…

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1 min read

Fintech unicorn InCred reports 132% growth in profit in Q3 FY24

Fintech unicorn InCred on Wednesday reported 132 per cent growth in profit before tax to Rs 298 cro…

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1 min read

Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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18 mins read

51 start-ups from India likely to become unicorns in three years

In the next three years, as many as 51 high-growth start-ups that boast valuations estimated betwee…

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1 min read

Fintech unicorn Taxfix lays off 120 employees to cut costs

The job cuts come in the wake of Taxfix recently acquiring a Stuttgart-based start-up Steuerbot, wh…

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4 mins read

Could India host 200+ unicorns in next five years? Hurun index identifies 46 gazella and 106 cheetah startups

India's startup ecosystem is thriving with 67 unicorns as of 2024, with 152 startups poised to achi…

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4 mins read

India’s fintech funding shrinks over 60% to $2 billion

In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…

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5 mins read

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …

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1 min read

Fintech unicorn CRED to acquire SaaS startup CreditVidya

CRED said that it will acquire SaaS startup CreditVidya in a stock-and-cash deal. The two organisa…

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3 mins read

2023: The year that startups started to grow up

The year of 2023 was tough for many startups which had to survive without the VC funding bottle. Un…

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1 min read

Fintechs raised $5.65 bn in 2022, a 47% drop from 2021: Tracxn

Fintech startups in India raised $5.65 billion in 390 rounds last year, a massive drop of 47 per ce…

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4 mins read

Deal Tracker: PE investments fall by 30% to $1.7 bn in September quarter, BFSI rules the roost

The September quarter of 2023 saw a total of 40 deals valued at $1.7 bn, which is a fall of 30% in …

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3 mins read

Unicorn health check: 30 will be IPO ready next year but future bleak for 20

The next three years will be testing times for unicorns, says Redseer, which sees a bleak future fo…

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8 mins read

Almost one in five of India’s future unicorns drop off the race as funding winter bites

The ASK Private Wealth Hurun India Future Unicorn Index 2023 shows a decline in India's startup eco…

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3 mins read

Credit Suisse's $3.2 billion cut-price sale signals an ongoing crisis that could expose unicorn fintechs

If Credit Suisse went for a song, how much are all the unicorn neobanks really worth?

Hasan Chowdhury   


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3 mins read

Startups in these sectors beat funding winter, attract young talent and capital

The year of 2023 has been a bad year for the once booming startups, as the funding winter has taken…

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1 min read

Fintech firm Slice becomes India's new unicorn

Slice (Written as slice) is a credit card challenger to pay bills, manage expenses and unlock …