{
  "id": 722527,
  "title": "Astrotalk’s Unicorn Leap, Shiprocket IPO Day 1 & More",
  "url": "https://urgent.news/2026/08/13/astrotalks-unicorn-leap-shiprocket-ipo-day-1-more",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T02:30:06.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/astrotalks-unicorn-leap-shiprocket-ipo-day-1-more/"
  },
  "original_language": "en",
  "account": "India celebrates 133rd Unicorn with Astrotalk's billion-dollar valuation, fueled by internal ESOP buyback and expanding offline retail and overseas operations. Shiprocket's IPO receives 97% subscription, with retail investors and NIIs driving demand while QIBs show limited interest. Electric mobility startup Yulu secures $93 Mn in Series C funding to expand its e-scooter fleet, services, and partnerships. Ride-hailing giant Uber plans to launch its bike taxi service in 100 Indian cities, currently operating in 18 states and one union territory. Lenskart's Q1 profit soars 273% YoY on rising revenues and margins, while its board approves a $20 Mn investment in OWNDAYS expansion to Korea and China. AI coding platform Cursor opens its first India office and hires for on-site roles, expanding its presence as developers triple to 3 Mn. Pharmacy tech company SwishX aims to streamline healthcare workflows with AI-powered solutions.",
  "summary": "India Welcomes Its 133rd Unicorn Astrotalk has become India’s 133rd unicorn. The startup entered the coveted club after an ESOP…",
  "key_points": [
    "Astrotalk's valuation hits $1B post-ESOP buyback and growth",
    "Shiprocket IPO sees 97% retail investor subscription demand",
    "Uber to launch bike taxi service in 100 Indian cities"
  ],
  "editors_take": "Astrotalk's billion-dollar valuation reflects growing investor confidence in Indian startups with diverse revenue streams, while Uber's bike taxi expansion signals its deeper push into India's mobility market.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}