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Rapido announces first ESOP liquidity program Ride-hailing firm Rapido has announced its first-ever Employee Stock Ownership Plan (ESOP) liquidation program for its current and former employees. Through this initiative, employees are eligible to

In 2024, six Indian startups achieved unicorn status, crossing the $1 billion valuation mark: 1. **Krutrim** - India's first AI unicorn, founded in 2023, secured $50 million in January. 2. **Ather Energy** - An electric two-wheeler manufacturer, bec

Unicorn Fintech giant Razorpay has announced the extension of Employee Stock Ownership Plans (#ESOPs) worth Rs 1 lakh to all current employees, commemorating its 10-year journey. Will you give ESOP to all your employees?

New Unicorn of India - Krutim - Krutrim, a young AI startup founded in April 2023, has taken the Indian tech scene by storm. Co-founded by Bhavish Aggarwal, of Ola fame, Krutrim achieved unicorn status in a record-breaking fashion, securing $50 mill

EV manufacturer Ather Energy is reportedly considering reducing the size of its planned IPO by at least $50 million (approximately INR 430 crore) from its earlier target of $400 million (around INR 3,460 crore), due to continued volatility in both In

Quick commerce unicorn Zepto recorded a 120% surge in revenue in FY24, growing from 2,026 crore in FY23 to ₹4,455 crore. This growth is driven by a shift in consumer preferences, with more customers opting for 10-minute deliveries over traditional e-

From ₹7,000 Cr to ₹1,407 Cr—Ecom Express’s fall is a startup cautionary tale. Once hailed as an IPO-bound logistics unicorn, it’s now sold in a distress deal to Delhivery, with an 80% value erosion in just a year. Why? Overdependence on Meesho (40–

Meet Girish Mathrubootham, who left Zoho to build an 80,000 crore software giant. Despite being called a rickshaw puller due to a drop in grades, Girish worked his way up in HCL Cisco and Zoho. Inspired by Zendesk's price hike, he founded Freshdesk i

Zepto streamlines structure ahead of IPO with new marketplace entity Zepto, the quick-commerce unicorn, has set up a new entity, Zepto Marketplace Private Limited, to simplify its operations ahead of its IPO later this year, according to sources f

Did you know ❓️❓️ In FY'24, more than two dozen startups with revenues of over Rs 500 Cr posted improved financial performance . Startups like Purplle, Porter, Lenskart and PhonePe achieved growth and better margins while others focused on reducing