Unicorn: News
Gen Z-focused stockbroker Dhan becomes latest unicorn after $120M raise
Raise Financial Services, the parent company of stock broking app Dhan, has become a unicorn after raising $120 million in a fresh round of funding.
Drools has become India's 1st pet food unicorn
Drools has made history by becoming India's first pet food unicorn.
All Indian start-ups that turned unicorns in 2024
The Indian start-up ecosystem experienced remarkable growth in 2024, with six companies joining the prestigious unicorn club—firms valued at $1 billion or more.
India's 1st AI unicorn Fractal Analytics plans $500 million IPO
Fractal Analytics, a leading provider of artificial intelligence (AI) services, is planning to file for an initial public offering (IPO) in Mumbai.
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.
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.
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.
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.
Which IITs, IIMs have churned out most Indian unicorn founders?
India recently achieved the milestone of 100 unicorns.
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.
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.
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.
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.
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.
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.
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.
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.