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Build to win the world, not just India: Anand Prasanna of Iron Pillar


A report on India’s unicorns by mid-stage investment firm
Iron Pillar has revealed that the country has, in the last decade, seen the birth of more than
59 companies valued at over $1 billion. 
Of these, 26 were global cloud startups built out of India, 25 were B2C companies, and eight were B2B companies. The first startup to enter the unicorn status was Inmobi in 2011, and more than 30 new unicorns were created in 2019 and 2020. Almost 50 percent of unicorns took over five years from the first funding to reach unicorn status. 
In the past decade, $280 billion in value has been created by Indian unicorns and $80 billion was distributed to the investors.  ....

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Leading Indian and Global Investors adopt WinPE's Charter for gender diversity


New Delhi [India], March 9 (ANI/NewsVoir): WinPE s founding members have signed a Charter for Gender Diversity, outlining the fundamental principles that will guide their collective action on increasing gender diversity within the private equity and venture capital industry.
The Charter is a reflection of the common beliefs and commitment to gender diversity that bind these firms together. WinPE s founding members, who comprise leading Indian and global investors, adopted the WinPE Charter for Gender Diversity on the occasion of International Women s Day celebrated on March 8.
The WinPE Charter for Gender Diversity undertakes to build gender diversity at the firm level including in investment and portfolio operations; while also advancing the agenda at the industry level. Some key principles include creating an equitable workplace founded on equal opportunity hiring, equal representation of women at all levels and pay parity. ....

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