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.
Department of Telecommunications (DoT) is planning a new initiative aimed at aiding organisations and startups through the adoption of Industry emerging technologies.