Good Glamm Group turns unicorn after amassing $150 million through funding
Of the cumulative fresh funds raised during the round, $140 million was raised as primary capital. Meanwhile, $10 million was raised through a secondary share sale.
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Digital insurance startup Acko enters the unicorn club with the latest funding of $255 million
The latest fundraise is also presumed to have a secondary component, which is likely to take the round size from $250 million to more than $300 million, sources claimed.
Online investment startup Groww crosses $3 billion in valuation
Groww was valued at $250 million in September last year. But in its last Series D round of funding led by Tiger Global in April, the company had raised $38 million which helped to propel the startup to unicorn status.
Neo-bank Open crosses $500 million in valuation after a funding round led by Temasek and Google
Open has now amassed total funding of $137 million since its inception in 2017.
Licious attains ‘Unicorn’ status by raising $52 million in the latest funding round
In the latest Series G round of funding led by Mumbai-headquartered IIFL Finance Ltd., the company managed to raise $52 million, taking Licious’ to a post-money valuation of $1.05 billion.
Meesho raises $570 million in funding, crosses $4.9 billion in valuation
Meesho has raised $570 million in a funding round led by Fidelity and B Capital to expand the R&D team and acquire more users for the platform.
Tech startup Astrome raises $3.4 million in funding
The funding will help Astrome Technologies “expand into the US market, strengthen global operator trials, and further commercialisation of its core technology through new products."
MPL is the new startup unicorn of India as it raises $2.3 billion valuations in Series E financing
Legatum Capital in collaboration with the existing investors comprising Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital governed this investment wherein the total size wasn't revealed to the public.
Government launches SAMRIDH scheme to help new startups
The SAMRIDH will create a conducive platform for Indian software product startups to enhance their products and secure investments for scaling their business.
CoinDCX gets unicorn status by raising $90 million led by B Capital
The Series C funding was led by former co-founder of Facebook, Eduardo Saverin’s B Capital. Other cryptocurrency exchange platforms like Coinbase Ventures, Polychain, Block.one, and Jump Capital also invested in the funding.
IIM-B ties up with Indian Bank to fund debt capital to its startups
Indian Bank’s CEO said, “We are delighted to collaborate with IIM-B and three loans have already been approved.”
Former banker Falguni Nayar all set for a billionaire startup in Nykaa IPO
Nykaa has emerged as India’s top e-commerce site for beauty products, with the seal of approval from Bollywood stars and an intense following among this gen.
Startup Bandhoo raises $1.1 million from Unitus Ventures
Bandhoo has invested for the twelfth time in the job-tech sector.
GoMechanics startup raised $42 million, led by Tiger Global
Currently, GoMechanic has over 600 car repair workshops and the firm services over two million cars every year. The startup has planned to target 10 million customers by 2021.
Amazon India’s new initiative helps small businesses, start-ups to accelerate their growth
Amazon India had launched a mentorship program, on Sunday, in order to assist startups and emerging companies with their rapid growth.
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