India catches up with China in the unicorn race (and other top stories of the day)

Daily Capsule | 25th October Hello For some time now, India has been lagging way behind China in the emergence of unicorn startups – those private entities valued at $1 billion and above. The tide finally seems to be changing this year. Now, data indicates, India is matching China in the growth of unicorn startups. This has partly been due to an upswing in investor interest in India, diverted from its northern neighbour after a slowdown there. The impact of the global macro-economic environment, with [China’s growing tensions with the United States and slowdown in venture capital investment, is likely diverting benefits to the Indian startup ecosystem.]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVgdF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Cheers, Team YourStory Stories you shouldn’t miss [India ranks 63rd on World Bank's ease of doing business list]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVghF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) India jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking, riding high on the government's flagship 'Make in India' scheme and other reforms attracting foreign investment. [This woman entrepreneur wants you to embrace organic skincare routine]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVglF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVglF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [How long will it take for regional content apps to find alternate revenue models?]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwBF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) ShareChat, TikTok, Dailyhunt, Vokal, Manch, and many other Indian language content apps are on the rise. While the investor interest is clearly visible, right now, the focus is clearly on wooing the consumer. [If a founder comes up with a new idea, I would back them again, says investor Alok Mittal]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwFF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwFF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [Here are top 6 gadgets that you can buy and gift this Diwali]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwJF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Diwali in India has traditionally been associated with buying and gifting. It can be hard to keep up with new gadget launches every day and the various deals and discounts on offer. YourStory helps you narrow down the choices for this Diwali. [Here’s how ILSS helps corporate leaders build a career in social sector]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwNF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwNF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& [Generic Aadhaar is taking on ecommerce firms to keep small retailers in business]( VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwRF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0&) Thane startup Generic Aadhaar provides generic quality medicines from reputed pharma companies at up to 80 percent lesser prices. It offers a huge portfolio of branded, generic, homoeopathy, and Ayurveda medicines from government-approved manufacturing facilities. VAEOBUoESBBGD0NNR1ZfVQdYBURYDV1TIQUMBQpYGwZfD0UVF1BAQxZQDldXXlwVC1pbDiYCXQJRCBpbWlVN&ml=UAQOD0oFSF0AVwVF&sl=I0h6S2NmSDd5MkxVW1wcWQUaGFxEERYRDhAYSgBbWBkA&pp=0& YourStory, in association with EDII-TN, organised the Secrets of Scaling Up ‘Masterclass on Technology’ on September 14, 2019 at Chennai to help entrepreneurs to learn about the importance of adapting technology for scaling up. 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