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.

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

The service has been launched in collaboration with Gurugram-based e-bike sharing platform Zypp

While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue with the role, reports say it has been done to comply with the RBI norms

Zomato Founder & CEO Deepinder Goyal said that the company has hired 2.5 lakh people in the last 18 months alone. He also added that the company now serves 48 million people every month

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Any startup or an individual who will develop a UPI-based system on a feature phone, the NPCI along with Bill Gates' foundation and CII.CO, will give a reward of $50,000

Rituparna Chakraborty, Co-Founder & Senior Vice-President of TeamLease, cautions that this change in notification mechanism does not necessarily mean lesser administrative hassle or follow through for employers

In a report on the 'Tech Unicorns Market Landscape', the venture capital firm stated that on an average, B2B global companies that are built from India, raised $97 million to reach unicorn status

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Ritesh Agarwal-led hospitality startup posted a five-time jump in its total expenditure at Rs 9,027.53 crore in FY19 compared with Rs 1,835.38 crore in FY18

WhatsApp invests in startups: Only start-ups that are at an early traction or scalable stage and are recognised by the DPIIT will be able to avail the ad credits

PM Modi launches Fit India School grading systemPrime Minister Narendra Modi on Sunday launched the Fit India School grading system in schools across the country. The Fit India School rankings have been divided into three categories -- The Fit India Schools, which is the first level of ranking, Fit India School (3 star) and Fit India School (5 star). The level of ranking will depend on how much importance the school gives to inculcating fitness among its students and teachers, b...

Paytm plans to pump in the money on merchant expansion in both online and offline modes as well as to make an aggressive push in the financial services business

Lufthansa operates daily non-stop flights connecting Frankfurt to Delhi, Mumbai, Bengaluru and Chennai, as also daily non-stop flights connecting Munich to Delhi and Mumbai

Ratan Tata who has posted 6 pictures so far has 604K followers. He follows only one account, Tata Trusts

There are about 30,000 start-ups in India now. Delhi NCR, itself, has about 7,000 of them and 10 unicorns, or companies with a valuation of over a billion dollars, Anandan said