HYE TECH MINDS

Startup Monday: Latest tech trends & news happening in the global startup ecosystem (Issue 46)


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Top startups news to follow this week:

- Edtech giant Byju’s — which is leading the Indian startup ecosystem with the highest valuation — has received an offer from one of Churchill Capital’s special-purpose acquisition companies (SPAC) to go public in the USA, at a valuation of $48 billion.

-The “Future Unicorns in Fintech” report analyzes the top 50 Fintech startups that have the potential to become unicorns (valuation more than US$1bn) based on the Unicorn Prediction Model.

- 90% of bitcoin’s supply has been mined and 4 other crypto updates you should know. Though it briefly popped above $50,000 on Sunday, the price of bitcoin retreated at the start of the week. The largest cryptocurrency by market value is trading at around $47,358 as of Monday afternoon, according to Coin Metrics.

- The healthcare artificial intelligence market is projected to grow at a CAGR of 39.97% to reach US$36.222 billion by 2026 from US$3.441 billion in 2019.

- CVS Health is tapping into Microsoft’s technologies, including cloud computing and artificial intelligence, to accelerate its “digital-first” strategy.

For more startup news, head to our website. ---------------

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