Sequoia Capital announced that it has received commitments of $1.35 billion for new investments in India and southeast Asia.. According to Shailendra Singh, Managing Director, Sequoia India, the three Sequoia India funds will continue to invest across India and Southeast Asia (SEA). They will be used to double down on...
India is Home to 27 Unicorn Startups
Today, India is the third largest startup ecosystem in the world with the number of startups at 7,500 in 2018, a growth or 15 percent from 2017, with at least 27 of India's startups gaining unicorn status since 2014 -- most of them in 2018 or 2019,according to trade body...
Award Winners for Corporate Excellence in India
The Business Standard Annual Awards for Corporate Excellence for 2017, held on the evening of April 1, celebrated the spirit of Indian entrepreneurship. India's Minister for Defense and chief guest at the function, Nirmala Sitharaman, said, "In this country it is possible to reach the top and stay there by...
Zuckerberg Invests in India's EdTech Firm Byju's
The Chan-Zuckerberg Initiative -- founded by Facebook CEO Mark Zuckerberg and his wife Priscilla Chan -- invested $50 million in BYJU's, an edtech firm based in Bangalore, India that has created a learning app for school students as well as for those aspiring to undertake competitive exams such GRE and...