Hyderabad: Electric two-wheeler maker Ather Energy has raised $71 million in a new funding round led by its existing investor, the National Investment and Infrastructure Fund (NIIF), elevating the company's valuation to $1.3 billion and securing its status as a unicorn, according to sources familiar with the matter, Moneycontrol reported.
BharatPe's Chief Product Officer Ankur Jain resigns
Mumbai: Fintech unicorn BharatPe on Friday said that its Chief Product Officer Ankur Jain has resigned to pursue startup ambitions.
Logistics company Delhivery Q4FY23 loss widens to Rs 159 cr
Mumbai: Logistics unicorn Delhivery recorded a wider net loss of Rs 159 crore in the fourth quarter ending March 2023.
PhonePe raises another $200 million in ongoing funding from largest shareholder Walmart
Bengaluru: Digital payments and financial services company PhonePe has raised an additional $200 million as part of its proposed $1 billion funding round from its largest shareholder, Walmart. The funding was secured at a pre-money valuation of $12 billion.
1mg becomes India's 21st unicorn in 2022 after internal funding round led by Tata Digital
Mumbai: Online pharmacy and healthcare services company 1mg turned unicorn following an internal funding round led by Tata Digital, media reports said.
Logistics startup Shiprocket enters unicorn club with Rs 259 cr fundraise
Mumbai: Zomato-backed logistics startup Shiprocket has raised Rs 259 crore in an extended Series E round at a post-money valuation of Rs 9,815 crore (around $1.2 billion), Moneycontrol reported citing company filings with the Ministry of Corporate Affairs (MCA).
Beauty etailer Purplle joins unicorn club after raising $33 million
Mumbai: Beauty etailer Purplle entered the unicorn circuit after raising $33 billion from Paramark Ventures at a valuation of $1.1 billion.
Edtech startup Physics Wallah enters unicorn club
Bengaluru: Edtech company Physics Wallah is the latest online education venture to enter the unicorn club after it raised $100 million in its first ever funding round led by WestBridge Capital and GSV Ventures, media reports said.