Olu Akanmu has resigned from his role as the co-CEO of Opera’s Africa fintech startup OPay. OPay is one of the largest fintech companies in Africa, with over 30 million users, about 50… Read More
Egypt in particular has risen to the fore in the Middle Eastern country’s digital transition since COVID. To maintain Egypt’s status as a leader, the government has introduced a… Read More
The AI and Chatbot market is witnessing a surge in competition with the release of two recently introduced applications. As AI technology continues to gain recognition, ChatGPT is steadily e… Read More
What Is A Unicorn Company?
Unicorn companies are those companies that have a valuation of over one billion dollars in the early years. These are private companies that are not listed on… Read More
Asish Mohapatra started his entrepreneurial journey with OfBusiness in 2015. In just eight years, his company has risen to an astounding Rs. 44,000 crore (about $5 billion) in value and inco… Read More
I read a report last week that claims that some of Africa's unicorns have lost their horns. The report excluded Flutterwave, Chipper and Andela from the list of billion dollar companies on t… Read More
Cofounder of BharatPe, Ashneer Grover has released its third unicorn into the market. A new fantasy sports app for cricket is named CricketPe. The app is ahead of the IPL and rivals many spo… Read More
The number of unicorns (with the $1 billion valuation and above) in India has dropped to 85 from more than 100 just a couple of months ago, as most startups have shed a significant share of… Read More
No. of PropTech startups increased to over 1,400 in 2022 from just 2 in 2016
Today, PropTech accounts for 6% of the total recognised startups in the country
While the housing sector ac… Read More
Who is Alakh Pandey?
Alakh Pandey also known as Alakh Pandey Physics Wallah is the most well-known young people Indian YouTuber. He is also a motivational speaker. He was born on 2 Octobe… Read More
Remember December? It almost feels like a year ago, doesn’t it? If you didn’t catch these blogs, news articles, webinars, etc., the first time, here’s your quick roundup of… Read More
Venture Catalysts Group (Vcats++), an investor for early to growth stage start-ups, has announced that about 54 of its portfolio start-ups have crossed $50 million valuation this year.
De… Read More
Tech sector layoffs which have left almost 1.5 lakh employees with an uncertain future, have triggered panic across the globe. With a media organisation such as Disney planning layoffs, the… Read More
The global slowdown in funding continues with start-up funding in India in Q3 CY22 hitting a two-year low at USD 2.7 billion across 205 deals, as per the PwC India report titled, “Star… Read More
This commentary was written by Shipwell CEO and co-founder Greg Price. The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or i… Read More
In the last two years, we have had endless conversations surrounding the edtech boom in India. Amidst the COVID-19 pandemic, several companies also attained the coveted “unicorn”… Read More
As of March 2022, India houses more than 65,861 startups and about 660 active investors. But how easy or difficult is it to raise funds? How much funds a startup raises doesn’t ju… Read More
The unicorn may be a mythical creature but in the startup ecosystem, it is becoming commonplace. In fact, data suggest the Indian startup ecosystem births a new unicorn every two weeks. For… Read More
Layerzero Labs divulged that it has actually gathered $135 million in a Series A+ round of financial investment. The financing round was led by Sequoia Capital and Strategic Capital FTX… Read More
TL;DR Breakdown
India RBI governor, Das raises concern over crypto. Says investors should be cautious.Crypto continues to thrive in the Asian country amidst regulatory uncertainty.G… Read More
We had warned back in 2020 the consequences of dipping into KWSP / EPF retirement funds during the Covid-19 pandemic. Its contributors should reject any proposal to use their own retirement… Read More
If you have been following us, then you are aware of the unprecedented growth of the startup sector this year. Infact, Indian start-ups have raised over $10 billion from July to September 20… Read More