Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country.</em></p><p style="text-align:justify">In May 2022, a report in the magazine, The Economist, claimed that &ldquo;a novel confluence of forces stands to transform India&rsquo;s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and geopolitical shifts are creating new opportunities&mdash;and new tools to fix intractable problems.&rdquo;</p><p style="text-align:justify">The locus of this transformation, according to this report, is a national &lsquo;tech stack&rsquo; that India has rolled out. It is argued that this tech stack &ndash; a set of State-sponsored digital services, payments, tax systems, bank accounts, and a system of electronic identity linking ordinary citizens with these services &ndash; has turbocharged in India the world&rsquo;s third-largest start-up scene, after the US and China.</p><p style="text-align:justify">In May 2022, India became home to 100 unicorns &nbsp;(in business, a &lsquo;unicorn&rsquo; refers to a start-up company with a value of over $1 billion) as the neo-banking start-up, Open, raised $50 million to enter the swiftly bludgeoning list of unicorns in the country.</p><p style="text-align:justify">By June 2022, three more companies had been added to this list. The Bengaluru-based software start-up LeadSquared has been the latest addition to the list of unicorns. The list includes familiar names, such as Zomato, Swiggy, Oyo, Quikr, Paytm, Snapdeal, Ola, MakeMyTrip, Flipkart, PhonePe, Byju&rsquo;s, Unacademy, Lenskart, BigBasket, etc.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4" title="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4">click here</a> to read more.&nbsp;</p>                                                           
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country.</em></p><p style="text-align:justify">In May 2022, a report in the magazine, The Economist, claimed that &ldquo;a novel confluence of forces stands to transform India&rsquo;s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and geopolitical shifts are creating new opportunities&mdash;and new tools to fix intractable problems.&rdquo;</p><p style="text-align:justify">The locus of this transformation, according to this report, is a national &lsquo;tech stack&rsquo; that India has rolled out. It is argued that this tech stack &ndash; a set of State-sponsored digital services, payments, tax systems, bank accounts, and a system of electronic identity linking ordinary citizens with these services &ndash; has turbocharged in India the world&rsquo;s third-largest start-up scene, after the US and China.</p><p style="text-align:justify">In May 2022, India became home to 100 unicorns &nbsp;(in business, a &lsquo;unicorn&rsquo; refers to a start-up company with a value of over $1 billion) as the neo-banking start-up, Open, raised $50 million to enter the swiftly bludgeoning list of unicorns in the country.</p><p style="text-align:justify">By June 2022, three more companies had been added to this list. The Bengaluru-based software start-up LeadSquared has been the latest addition to the list of unicorns. The list includes familiar names, such as Zomato, Swiggy, Oyo, Quikr, Paytm, Snapdeal, Ola, MakeMyTrip, Flipkart, PhonePe, Byju&rsquo;s, Unacademy, Lenskart, BigBasket, etc.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4" title="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4">click here</a> to read more.&nbsp;</p>                                                           
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    <h1 class="cat-box-title">Can Unicorns Become Growth Engines of India’s Economy? -Shinzani Jain</h1>
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                            <p style="text-align:justify">-Newsclick.in</p><p style="text-align:justify"><em>The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country.</em></p><p style="text-align:justify">In May 2022, a report in the magazine, The Economist, claimed that &ldquo;a novel confluence of forces stands to transform India&rsquo;s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and geopolitical shifts are creating new opportunities&mdash;and new tools to fix intractable problems.&rdquo;</p><p style="text-align:justify">The locus of this transformation, according to this report, is a national &lsquo;tech stack&rsquo; that India has rolled out. It is argued that this tech stack &ndash; a set of State-sponsored digital services, payments, tax systems, bank accounts, and a system of electronic identity linking ordinary citizens with these services &ndash; has turbocharged in India the world&rsquo;s third-largest start-up scene, after the US and China.</p><p style="text-align:justify">In May 2022, India became home to 100 unicorns &nbsp;(in business, a &lsquo;unicorn&rsquo; refers to a start-up company with a value of over $1 billion) as the neo-banking start-up, Open, raised $50 million to enter the swiftly bludgeoning list of unicorns in the country.</p><p style="text-align:justify">By June 2022, three more companies had been added to this list. The Bengaluru-based software start-up LeadSquared has been the latest addition to the list of unicorns. The list includes familiar names, such as Zomato, Swiggy, Oyo, Quikr, Paytm, Snapdeal, Ola, MakeMyTrip, Flipkart, PhonePe, Byju&rsquo;s, Unacademy, Lenskart, BigBasket, etc.</p><p style="text-align:justify">Please <a href="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4" title="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4" class="re" target="_blank">Newsclick.in, 16 July, 2022, https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4</a><div class="clear"></div>
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Can Unicorns Become Growth Engines of India’s Economy? -Shinzani Jain

Published on Jul 16, 2022   Modified on Jul 16, 2022

-Newsclick.in The relatively new and fragile start-up ecosystem is not a solution to the larger problem of pauperisation of the working population of the country. In May 2022, a report in the magazine, The Economist, claimed that “a novel confluence of forces stands to transform India’s economy over the next decade, improving the lives of 1.4 billion people and changing the balance of power in Asia. Technological leaps, the energy transition, and geopolitical shifts are creating new opportunities—and new tools to fix intractable problems.” The locus of this transformation, according to this report, is a national ‘tech stack’ that India has rolled out. It is argued that this tech stack – a set of State-sponsored digital services, payments, tax systems, bank accounts, and a system of electronic identity linking ordinary citizens with these services – has turbocharged in India the world’s third-largest start-up scene, after the US and China. In May 2022, India became home to 100 unicorns  (in business, a ‘unicorn’ refers to a start-up company with a value of over $1 billion) as the neo-banking start-up, Open, raised $50 million to enter the swiftly bludgeoning list of unicorns in the country. By June 2022, three more companies had been added to this list. The Bengaluru-based software start-up LeadSquared has been the latest addition to the list of unicorns. The list includes familiar names, such as Zomato, Swiggy, Oyo, Quikr, Paytm, Snapdeal, Ola, MakeMyTrip, Flipkart, PhonePe, Byju’s, Unacademy, Lenskart, BigBasket, etc. Please click here to read more.

Newsclick.in, 16 July, 2022, https://www.newsclick.in/Can-Unicorns-Become-Growth-Engines-India-Economy?fbclid=IwAR1T7952NZ_JBdQWl8-7RU-_ThN2sUD6eLp2mjNgXJt9pK38yEmplnpKqx4

Tagged with: Start-ups Unicorns Technology Platform economy Gig economy

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