At the Sports Tech Start-Up Conclave on July 11-12, IIT Madras announced plans to invest Rs 5 crore in sports start-ups and launch a 4-year sports science program. This initiative aims to drive technological innovation in India’s sports industry. The Indian Institute of Technology Madras hosted a mega ‘Sports Tech Start-Up Conclave’ in New Delhi […]
However, the not-so-talked-about side of this story is that only a quarter of these unicorns report profits. With investors’ patience growing thin as days go by, this unicorn club is vertically split, albeit unevenly, into two categories – those making profits and those incurring losses.
Indian Overseas Bank inaugurated a new, exclusive branch dedicated entirely to start-ups in Chennai today.