Urban Company is the eighth startup to achieve unicorn status in April.

According to the data collated by research firm Venture Intelligence, Indian edtech startups raised USD 616 million in the first quarter of 2021.

Beginning April, the number of COVID-19 cases has increased exponentially resulting in an acute shortage of oxygen cylinders, beds, and medicines.

The Japanese fund is an LP in Blume Ventures, through which it invests in idea-stage deep tech startups.

The funding comes at a time when Reserve Bank of India is working on floating its own fiat currency and putting a ban on crypto trading.

Showman allowed users to buy tickets of newly released movies and watch them on their own device from home.

The second wave of novel coronavirus in India is much more severe than the last one. Since April 15, more than 200,000 cases per day are being recorded.

Four months into 2021, India has spawned 12 unicorns, more than the 11 it had for last year.