Page 10 - Unicorn Companies

Manufacturing startup Zetwerk's valuation tops $1 bn, joins unicorn club

The firm has raised $150 mn in a Series E funding round led by D1 Capital Partners

CoinDCX is India's first crypto unicorn as country debates virtual assets

Latest funding round values the firm at $1.1 billion, says CoinDCX CEO.

The foreign stimulus

With foreign money pouring into the start-up universe, the economy may finally get the stimulus that the government was unable to provide

Ronnie Screwvala's edtech startup upGrad a unicorn; valuation tops $1.2 bn

Closes a series of raises from Temasek, IFC and IIFL, mopping up a total of $185 million

Upgrad in unicorn club with $1.2 bn valuation as IIFL on-boards with $25 mn

Online education platform Upgrad has raised its third external funding of $25 million from the IIFL Group, helping the re/up-skilling company join the unicorn club with a valuation of $1.2 billion

Edtech firm upGrad becomes new unicorn at $1.2 billion valuation

The company raised fresh funds to tune of $185 mn from Temasek, IFC and IIFL

SoftBank Group funding turns India start-up Mindtickle into unicorn

The latest funding takes the total capital raised to $281 million, including a $100 million round last November that was also led by SoftBank

Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn

Unacademy Group's valuation has grown almost ten times in 18 months, riding on demand for online training

16 unicorns, $11bn funding: Indian startups rise sans Chinese money

The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.

A new 'Day Zero', says Zomato Co-founder Deepinder Goyal on listing

In a blog post titled "Letter from Deepi," he said Zomato will not alter the firm's focus for short term profits at the cost of the long term success of the company

Zomato's $1.3 bn IPO to test appetite for India's new tech generation

Investors bragged on Twitter about snagging shares in the startup, yearning for the sort of returns Facebook Inc. and Alibaba Group Holding Ltd. generated

Trucking startup BlackBuck's valuation crosses $1 bn, joins unicorn club

BlackBuck, which digitises fleet operations for the truckers, will use these funds to further penetrate the market and launch new service offerings for its customer base

Valuation of Indian unicorns to rise manifold amid pandemic: Experts

Experts say large funding rounds and valuations demonstrate significant interest from global investors, including sovereign funds, private equity and crossover funds

Record $43 bn worth deals closed in H1 2021; 10 unicorns created: Report

The January-June period of 2021 saw 20 per cent rise in deals to a record high of USD 43 billion besides creation of 10 new unicorns, despite the devastating second wave of the pandemic, according to a report. The period saw completion of 856 deals worth USD 43 billion with an average deal size of USD 50 million, the report by Grant Thornton said. While in volume terms, it is 42 per cent more than the year-ago period's, in value terms is is higher by 20 per cent over last year, which is a record, it said. The private equity inflows into the tech space saw 10 new unicorns being created during the first half (H1) of 2021. Of these, five are from the e-commerce space, taking the overall tally well past 100 in the country. The deal street was led by higher number of private equity deals and 221 merger and acquisitions (M&As) aggregating to USD 24.4 billion, which is 36 per cent higher than that in H1 of 2020. The Adani Group has been one of the most active acquirers with the ...

Written down: Accounting drill keeps bitcoins from getting wider acceptance

Accountants are fitting crypto into existing categories. As an intangible asset, Bitcoin's book value can go only one way: down.

Zomato's $100 million investment to turn Grofers into unicorn: Report

Food delivery app Zomato, which is working to explore public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about a 10 per cent stake

Edtech startup upGrad set to join unicorn club with $4-billion valuation

Eyes $400 million at 5 times current value

India's unicorn tally touches 50, MindTickle the latest entrant

Industry experts have been saying that the Indian unicorn list is expected to only rise as fund houses with access to liquidity are looking at avenues for investment.

Online education firm Cuemath eyes new funding, $1 billion valuation

Indian online education platform Cuemath plans to raise at least $100 million in a new financing round this year, its chief executive said

At $16.5 bn, Byju's most valuable startup in India after raising $350 mn

As per CB Insights data, as of June 2021, Byju's is the 11th most valuable startup in the world