Insurance Company Digit Becomes India’s First Unicorn Of 2021, Now Valued At $1.9 Billion
2020 had been a record year for India’s startup ecosytem, generating 11 unicorn companies. It appears that the momentum is continuing into 2021….
Category: Startups
Indian Army Buys $20 Million Worth Of Drones From Startup Founded By IIT Bombay Alumni
The Make In India initiative is now extending all the way into defence, and startups are getting involved. The Indian army has awarded…
Amazon Enters Ed-tech Space, Launches “Amazon Academy” For IIT-JEE Preparation
E-commerce companies in India have been known to expand into some some unusual verticals — Paytm now runs a stock broking business, and…
Tesla Opens India Subsidiary, Registers Office In Bangalore
The wheels are firmly in motion for Tesla’s entry into India. Weeks after Union Minister Nitin Gadkari had announced that Tesla would enter…
Elon Musk Passes Jeff Bezos To Become The Richest Man In The World
Elon Musk is now not only the most impactful entrepreneur of our generation– he’s officially the richest as well. Elon Musk has just…
Income Tax Officials Conduct Surveys At Flipkart-Owned Instakart, Swiggy Over Bogus Input Tax Credit
Two of India’s biggest startups have had the taxman come knocking at their door. The Income Tax Department on Thursday conducted surveys at…
Skyroot Aerospace Becomes First Indian Company To Successfully Test Solid-Fueled Rocket Engine
Even as people are trying to battle the coronavirus on earth, some Indian startups are making their marks in the skies. Space-tech startup…
Content Platform Glance And News App Dailyhunt Become Unicorns After Google Investments
India’s economy might not have yet fully recovered from the coronavirus, but it’s still raining unicorns in the country. Investments led by Google…
Pine Labs Raises Funds At $2 Billion Valuation, Becomes India’s Third Most Valuable Fintech Startup
India’s consumer-facing fintech startups are all the rage, but there’s value quietly being created in the B2B space. Pine Labs, which builds payment…