Bengaluru-based mobile adtech firm InMobi claims that it has turned profitable in the last quarter of 2016. This makes InMobi the second Indian unicorn after data analytics firm Mu Sigma to become profitable. As per the company, it has been generating cash every quarter starting April-June in the…
Tag: Mu Sigma
H-1B looms big for Indian unicorn start-ups in the US
Chennai: US Democrat Zoe Lofgren’s bill introduced last week is set to ensure that the US retains the crown when it comes to creation of billion dollar startups. The bill seeks to curb job outsourcing through H1B program which has been long used by large IT companies, and make way only for …
Analytics firms continue to attract investments
Amidst a slowing of funds into the e-commerce and start-ups space, analytics players might buck the trend as they draw insights from raw data to help CEOs make crucial decisions. Sources say Fractal Analytics is in advanced talks to raise $100 million for a minority stake. Fractal’s performance i…