The condition of all startup stocks like Zomato, Nykaa, Paytm, Policybazaar are all similar now. Investor wealth has plummeted in these stocks.
Settlement of bonds that are part of global indices via Euroclear can also expect the tax benefits
However, whether or not this trend continues will be decided only by whether these startups deliver on their ambitious claims.
Becoming the first unicorn-based company in Jaipur, Rajasthan, CarDekho has joined the unicorn club with a valuation of $1.2 billion.
India has produced more than three unicorns a month, on average, in 2021
Every month, Licious serves over 1 million orders, with over 90% repeat consumption across markets, according to the company.
Vedantu joins the likes of Byju's, Unacademy, Eruditus, and upGrad as the 28th Indian unicorn so far this year.
There is a wide difference between the number of start-ups recognised by the DPIIT and the start-ups granted deduction under section 80-IAC of I-T Act
Loans: Working capital loans are a sort of small business loan used to overcome a business's daily cash flow constraint
PM Modi talked about several themes in today's Mann ki Baat edition, including the need to push sporting culture in the country