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Historic Boom For India Tech As Six Startups Become Unicorns In Four Days


Historic Boom For India Tech As Six Startups Become Unicorns In Four Days
Historic Boom For India Tech As Six Startups Become Unicorns In Four Days
It was an historic week for India s technology industry. In the space of four days, the country minted at least six new startups with a valuation of $1 billion or more.
Updated: April 12, 2021 10:34 am IST
It was an historic week for India s technology industry. In the space of four days, the country minted at least six new startups with a valuation of $1 billion or more what techies call unicorns because they re supposed to be such rarities. ....

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Lockdown blues


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/ Morning Dispatch
Harsh lockdowns have brought
e-commerce to a halt in some states, which means that while overall demand for online shopping is still up, it isn’t close to matching last year’s growth.
Also in today’s letter:
India’s national
Unicorn week
State of the e-commerce nation
Regional lockdowns have hampered e-commerce sales in some states and boosted them in others. And while overall demand has grown, it hasn’t surged in the way it did last year, e-commerce executives told ET.
What’s happening: Lockdowns in some districts of Chhattisgarh have brought e-commerce activities to a halt. “We’ve been trying to tell local authorities that e-commerce is the only way to ensure people stay at home, but nothing is happening,” said a top executive. ....

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Cred enters unicorn club; valuation touches $2.2 bn


Cred enters unicorn club; valuation touches $2.2 bn
Cred is among the few Indian startups to accomplish unicorn status at an early stage, having started its operations only two and a half years ago
BusinessToday.In | April 6, 2021 | Updated 17:12 IST
Credit card payment platform Cred had in early January 2021 announced a $80 million fundraising round, which had valued it at $806 million
Credit card payment platform Cred announced on Tuesday, April 6, that it has closed its Series D funding round, raising $215 million.
With this, the fintech startup has become a unicorn with its valuation nearly trebling to $2.2 billion.
The startup had in early January 2021 announced a $80 million fundraising round, which had valued it at $806 million. ....

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Stray Dog Who Would Steal Same Toy From A Store Gets To Take It Home | HOT 99.5


By @YMSRadio
Apr 6, 2021
We love our rescue pets and this might be the most adorable rescue story of 2020 because a dog named Sisu is going viral for how he was rescued as a stray and it s because of a purple unicorn toy from Dollar General.
Sisu had been living on the streets in Kenansville, North Carolina and would continually roam around a Dollar General store where he kept seeing a purple unicorn toy that he really wanted.
Sisu wanted the unicorn so much that he actually stole the stuffed animal five different times, which led to the store calling animal control. ....

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Park pledges to adopt digital currency, Oh seeks to create 'regulation-free zone'


Posted : 2021-04-01 16:44
Updated : 2021-04-01 20:20
In the left photo, Park Young-sun, ruling Democratic Party of Korea s candidate for Seoul mayoral by-election, listens to citizens during a campaign near Wangsimni Station, Seoul, Tuesday, while in the right photo, Oh Se-hoon, the candidate from the main opposition People Power Party, speaks in a plaza near Yeongdeungpo Station, Tuesday. Joint Press Corps
Rival candidates in mayoral by-election promise to make Seoul global city
By Jung Da-min
With just a few days left before the April 7 by-elections, the competition among the candidates representing different parties is heating up. Attention is especially focused on the fight between the rival candidates of the ruling and main opposition parties for the Seoul mayoral by-election, which is considered a barometer of public opinion for the March 2022 presidential election. ....

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