Unicorn: News

24 May 2024


Slice founder Rajan Bajaj's salary was mere ₹12 in FY23

Rajan Bajaj, the founder of fintech unicorn Slice, drew an annual salary of just ₹12 in FY23, as per a report by PrivateCircle Research.

09 Nov 2023


InCred to join the unicorn club soon: Here's how

InCred Holdings Limited, the holding company of InCred Financial Services Limited, revealed that it has received commitments amounting to Rs. 500 crore in its Series D funding round.

25 Aug 2023


Zepto breaks India's unicorn drought by raising $200mn at $1.4bn

Quick-commerce start-up Zepto has become India's first unicorn of 2023. It secured $200 million in a Series E funding round, achieving a $1.4 billion valuation.

13 Oct 2022


Winter is here for start-ups and it's not going away

We have been hearing about India's tough start-up landscape. Now, we have figures to support that.

16 Jun 2022


Which IITs, IIMs have churned out most Indian unicorn founders?

India recently achieved the milestone of 100 unicorns.

09 Jun 2022


Nykaa-rival Purplle becomes India's 102nd unicorn with latest $33mn fundraise

Online cosmetic products start-up Purplle has joined the coveted unicorn club. In its Series E funding led by Paramark Ventures, the Mumbai-based company has raised $33 million at a $1.1 billion valuation.

07 Jun 2022


Physics Wallah raises $100 million; becomes India's 101st unicorn

Noida-based ed-tech start-up Physics Wallah has joined the coveted unicorn club in India.

14 Oct 2021


CarDekho turns unicorn with $250mn pre-IPO funding led by LeapFrog

Aiming to capture a larger share in India's used car retail space, Jaipur-based CarDekho has raised $250 million, including $200 million in equity and $50 million as debt, in its latest pre-IPO funding round.

20 Dec 2019


Lenskart raises $231 million, enters the elite unicorn club

Lenskart, a Faridabad-based start-up providing a platform to buy eyewear online, has reportedly raised $231 million in a Series G round of funding led by Japanese conglomerate SoftBank.

20 Dec 2018


Swiggy raises $1bn in its largest funding round yet

Months after entering India's unicorn club, food delivery platform Swiggy has raised a whopping $1bn in fresh capital from existing and new investors.

25 Sep 2018


OYO Rooms raises $1bn, enters unicorn club

Budget hotel chain OYO Rooms has entered India's unicorn club, having raised a whopping $800mn in a round led by Japan's Softbank Vision Fund.

05 Sep 2017

Alibaba Group

Zomato eyes $200m from Alibaba, may get the unicorn-tag back

According to reports, Zomato is currently engaged in negotiation with Alibaba and its payments affiliate Ant Financial to raise up to $200 million from them.

18 Jun 2017

Emmanuel Macron

France launches tech visa to become "country of unicorns"

In a bid to become "country of unicorns", France launched a new technology visa to attract foreign talent.