An October report says number of unicorn start-ups fell from 105 to 84. Inflated valuations, rise in M&As & fresh IPOs next year can result in even more of them losing tag of unicorn.
One of Asia’s most prestigious fintech events, IFTA welcomes entrepreneur and companies from across the globe who are positively impacting financial technology.
Larger players dig in, leaving little room for their smaller counterparts to survive. But strengthening rupee capital base for startup funding could be a way out of this.
Funding in the Indian start-up ecosystem also tanked by 40 per cent from USD 11.3 billion in the first quarter to settle at USD 6.8 billion in the second quarter.
More than 50% of founders of start-ups worth over $1 billion are IIT graduates. IIT Delhi conducive to start-ups thanks to networking & academic support, says alumni alumni association ex-chief.
Report prepared by UNDP in India in collaboration with Niti Aayog says 85% young entrepreneurs saw negative impact on their business in 2020 thanks to Covid.
The political trajectory is clear. Asim Munir is now prepared to convict and sentence Imran Khan for instigating a rebellion against the army chief, with no possibility of mercy.
RBI data shows 26 states and Union Territories couldn’t regain pre-pandemic foreign tourist footfalls in 2024, but domestic tourism surged 27 percent compared to 2019.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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