Indian unicorns such as Flipkart, Snapdeal and Ola have spawned 700 start-ups

    Flipkart and India’s other unicorns are following the footsteps of the original glimmer twins of the Indian software services space, Infosys and Wipro, which fostered entrepreneurs who went on to found 867 and 685 companies to date. Photo: Bloomberg India’s 12 unicorns, including MakeMyTrip and Naukri (both from an earlier generation), and Myntra (acquired by […]

    Unicorns lose attraction for tech talent as start-up bubble fades

    Some unicorns, such as Uber, Airbnb Inc. and Snap Inc., are still thriving. But there are questions about how much further their valuations can increase. Photo: Bloomberg San Francisco: When he started thinking about leaving Apple Inc. this year, Darren Haas briefly contemplated Uber Technologies Inc., where many friends worked. Instead, the cloud-computing engineer pursued […]

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    The 10 Indian unicorns

    Photo: Pradeep Gaur/Mint Unicorn—a start-up valued at $1 billion or more—has become a buzzword among venture capital and private equity investors. Some 177 companies across the world have won the tag. Only in August did India get its 10th unicorn when Hike Ltd, which runs the messaging app Hike Messenger, raised $175 million, largely from […]

    Unicorns, the energy regulation and a false start

    picture: Priyanka Parashar/Mint In element considered one of this three–component piece , we mentioned how the strength law inproject capital remained unvalidated in its first decade in India. The electricity law means that mostmission investments fail, however some that be triumphant provide extra special returns to make up for losses. project capital corporations that believe […]

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    The true price of Indian unicorns

    A record in Mint in advance this month mentioned that Indian e-trade corporations Flipkart and Snapdeal have hit a “valuation wall”, with potential buyers unwilling to meet their ultra-modern headline valuations of $15.2 billion and $6.five billion, respectively. This accompanied moves by T Rowe fee and Morgan Stanley in marking down the valuation of Flipkart […]

    Unicorns are a myth. But you do believe in them!

    Photo: Bloomberg The enterprise value of Google pre-IPO (initial public offer) was estimated to be between $33 billion and $40 billion (based on a S&P’s pre-IPO Google report). Google listed on Nasdaq on 19 August 2004 at $85, the low end of its revised price expectation of $85-95. Its market capitalization was valued at $23 […]

    Why Morgan Stanley’s action on Flipkart is bad news for Indian unicorns

    Given that Flipkart is expected to list its shares in the US at some point over the next few years, the valuation estimates of the mutual funds will be an important indicator of how stock market investors will value the company. Photo: Hemant Mishra/Mint Bengaluru/New Delhi: Late last month, Flipkart India Pvt. Ltd, the country’s […]

    The battle of Indian Internet unicorns

    Photo: iStock “I believe that whatever doesn’t kill you, simply makes you…stranger,” so says the Joker in Christopher Nolan’s The Dark Knight. What he really means is not all change makes you stronger or better. Some changes leave a scar, or break us from the inside. When looked at from the perspective of Internet companies, […]