It’s raining unicorns in India

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It’s raining unicorns in india

04 Aug 2021

1 min read

The year 2021 has so far seen the birth of 18 unicorns. Payment startup BharatPe is the latest entrant into the coveted club. BharatPe has raised $370 million, in a series E funding round that values the company at $2.85 billion. In the latest round of funding led by Tiger Global Management, Dragoneer Investment Group and Steadfast Capital took part.

3 unicorns in July

In July, three start-ups became unicorns, online automobile platform Droom became a unicorn after it successfully closed the first leg of its funding wherein it raised $200 million, catapulting its valuation to $1.2 billion. Trucking platform Blackbuck and OfBusiness which is in the SME loans are the other two.

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It’s raining unicorns in India | PraxisGA