At the end of 2017, India had about eight unicorns. Today, there are 30. Yet another nuance of the ecosystem is the fact that the time to becoming a unicorn is shrinking - while it took well over five years for Flipkart, Udaan, a business-to-business e-commerce firm, did it in two. Why is this time span shrinking? At Business Today's annual conclave MindRush in Mumbai, four venture capitalists got together to explain. Anjali Bansal of Avaana Capital, Karthik Reddy, Co-founder of Blume Ventures, Rehan Yar Khan, Managing Partner of Orios Venture Partners, and Tej Kapoor, Managing Director and Head of Fosun RZ Capital India, pointed to a confluence of factors. Watch the video for more.

The government's crackdown came after it found a lot of Chinese e-commerce vendors misusing the provision that allowed gifts of up to Rs 5,000 intended for personal use to enter India as there is no customs duty being levied on them presently

Technology companies will always push the envelope on regulation but the government must listen, say experts at BT Mindrush event

The Indian start-up ecosystem is producing companies that are not only scaling up but also becoming unicorns or companies with over a billion dollar valuation

Where Alipay Singapore E-Commerce put in Rs 1,433 crore, SVF Partner (Cayman) invested Rs 1,430 crore and T Rowe Price brought in Rs 704 crore to Paytm

As per the latest Lok Sabha reply by Commerce Minister Piyush Goyal, number of e-commerce frauds registered at the National Consumer Helpline in the first eight months of FY20 rose to 5,620, taking the total to 13,993 since August 2016

Alice G Wells, Acting Assistant Secretary of State for South and Central Asia said the trade talks between India and the US are going on well but India needs to demonstrate to the international community its willingness to become a part of the global supply chain

Online shopping scams: Piyush Goyal said that the government has the Consumer Protection Act, 1986 to safeguard the interests of the consumers

Mukesh Ambani has transformed RIL into a manufacturing plus consumer-centric company

The Karvy case has dented investor confidence in the broking industry. It's time to shift focus from price to credibility

In terms of the sectoral breakup, consulting last time was 25.15% (at the time of graduation) but this time it was 22.7%. E-commerce went up from 10.6% last year to 11.28%

Public sector banks turn profitable in Apr-Sept; post Rs 3,221 crore of aggregate profitMinister of State for Finance Anurag Singh Thakur told Lok Sabha that public sector banks have returned to profitability, posting an aggregate profit of Rs 3,221 crore in the first half ending September. State-run lenders made aggregate provisions for NPAs and other contingencies of Rs 2.40 lakh crore and Rs 2.35 lakh crore in FY2018 and FY2019, respectively, he said in a written reply. As per ...

Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics

The complaint has been lodged at Wazirganj police station by a Lucknow resident; he alleged that Club Factory sells \"fake\" products of famous brands at cheaper prices

While the contours of the new bill would only be known once it is tabled in the Parliament, experts expect the bill to define what constitutes 'critical data'

Nokia TV will go on sale from December 10 at 12:00 pm on Flipkart. The e-commerce platform is offering an instant discount of Rs 2,000 on all prepaid transactions

While predicting winners is inherently risky, we find that sectors like real estate (RE), staffing companies, and companies with internet and Mobile driven business models are positioned quite well

Affle charges advertisers only after the user clicks on the advertisement, goes to the app store, downloads the app and launches it on his mobile device

Talking about investments, he cautioned the e-commerce companies to follow the laws properly as millions of small traders are involved in the business in the country

Flipkart Big Shopping Days sale: According to Flipkart's website, there will be a discounts on discounts on-- iPhones, Realme, Samsung, Nokia , Oppo, Honor and Asus smartphones