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2021's first unicorn, a $1-billion acquisition, and more


2021’s first unicorn, a $1-billion acquisition, and more
On the back of WhatsApp’s privacy concerns, Sridhar Vembu’s Zoho is all set to launch desi messaging app Arattai.
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To put it succinctly it was a helluva week.
Jyoti Bansal’s Harness, a San Francisco-based B2B startup, also raised $115M and attained unicorn status with $1.7 billion valuation.
Industry experts have predicted that India will have 100 unicorns by 2025. And given the rate at which new unicorns are being added, the Indian startup ecosystem seems to be well on track to achieve that. 
The Interview 
Mercedes-Benz set up shop in India in 1994 and has a dominant market share of around 40 percent in the luxury car market in the country. Having been in the country for over a quarter of a century, Mercedes-Benz India Managing Director and CEO Martin Schwenk says the German automaker has studied Indian consumer behaviour closely They (Indian consumers) look for value for mo ....

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