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Showing posts from November, 2019

52 startups in India are potential unicorns

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India is home to the world’s third largest startup ecosystem, having added over 1,300 tech startups in 2019 Number of Indian unicorns could increase to 95-105 by 2025, says Nasscom president Debjani Ghosh Bengaluru:  The first eight months of the year saw the birth of seven unicorns in India’s startup ecosystem, software industry body Nasscom said in a report, even as 52 others which have received over $50 million investments wait to join the list. The number of India’s  potential unicorns —a term to describe startups valued at $1 billion—more than tripled from 15 last year to 52 in 2019, becoming the world’s largest pipeline of unicorns in the making,  Nasscom  said in its report ‘Indian Tech Start-up Ecosystem – Leading Tech in the 20s’. India’s newest unicorns include Delhivery, a logistics startup; Icertis, which provides cloud-based enterprise contract management; Dream11, a gaming startup; Druva, which provides cloud data protection and management; Ola Electric,

Co-living’ – changing the face of rented accommodation in India

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Millennials are putting an end to housing woes by opting for co-living spaces, which offer the ease of living and a vibrant community with like-minded people. Millennials are known for moving around. They job-hop for better opportunities, which is partly due to economic realities outside their control. Most millennials are known to switch jobs once in one to three years, which sometimes require switching cities, leading to changing homes. It is rare to find millennials who have not spent hours looking for that perfect house to live in, at the right price, location, and with the right people. The truth is there are hardly any ideal options in the traditional rental housing system, which is why this new trend of co-living is gaining traction. Most people initially are hesitant about taking new accommodation on their own, given their unfamiliarity with the new place and city. The most convenient option at the time is moving in with relatives. However, that’s an option that most pe