Unicorn India Ventures

Education content company exits second edtech investment, after dropping out of Testbook Edu Solutions

Disagreement over valuation of Noida-based company which wants more from the deal, says source

To set up Blockchain-e-commerce Centre of Excellence towards this end

Funds raised will be used for the company's foray into Southeast Asian markets, starting with Indonesia and Philippines

As the pandemic pushed organizations to work remotely, the HR Tech space saw an influx of investments

E-commerce firm's pilot will be launched in Bangalore and later rolled out in other locations over a few months

Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years

As many as 147 unicorns worldwide saw their valuations drop in the last six months

Other participants in the round include Artha Venture Fund, former Dominos India CEO Ajay Kaul, and VSS Investco (investment vertical of Paytm CEO Vijay Shekhar Sharma)

Funding round was led by Tata Digital; Tata 1mg has become 105th unicorn in India

CEO recently said edtech unicorn may see a funding dry spell for at least 12-18 months and it would cut costs

Company that provides debt capital says its assets under management have grown 55% YoY

The latest round by OneCard, owned by Pune-based FPL Technologies, also saw investment from existing investors such as QED, Sequoia Capital, and Hummigbird Ventures

In just one year, the number of such startups has increased by 65%

Gupshup became a unicorn last year after it raised $100 million in funding at a valuation of $1.4 billion.

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.

Raises $137 million in Series B funding round led by Insight Partners, B Capital and Dragoneer

According to a PwC report, the Indian start-up ecosystem saw investments of over $10 billion in the third quarter of calendar 2021 from VCs

Startup sectors like specialty e-commerce, enterprise subscription software and standalone business models are attracting funds and higher valuations