indian unicorns

The ongoing funding winter and concerns over profitability have not deterred homegrown unicorns from onboarding top talent. This and more in today’s ETtech Top 5.Also in this letter:■ ETtech Deals Digest ■ IT stocks tumble on Accenture guidance cut■ Reddit stock price soars post market debutProgramming note: There won’t be an edition of ETtech Top 5 and Morning Dispatch newsletters on March 25 on the occasion of Holi. Happy Holi to all our readers. Do stay tuned for all the news and updates on ETtech.com.Top unicorns…

The Indian Premier League (IPL), which became a decacorn recently with a $10.9 billion valuation, was the country’s first unicorn in 2008 at $1.1 billion in valuation at inception, said an analysis by D&P Advisory, a leading provider of consulting, advisory and valuation services.Titled ‘IPL-The Pioneer of Indian Unicorns’, the analysis considers the media rights, title sponsorship, and associate sponsorship values of the IPL ecosystem to predict its total value over the years prior to 2014.“It should also be noted…