Technology and Internet
It’s raining unicorns in India
04 Aug 2021
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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