Apna: India’s 27th unicorn in 2021
The jobs platform, whose customers include Zomato, Urban Company, PhonePe, Delhivery, raised $100 million with a $1.1 billion valuation.
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September 2021
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Edtech juggernaut: 2 unicorns, $3.8 bn fund raise
Between January and August 2021, the country’s edtech space has attracted almost 4x more funding than last year while adding 2 new unicorns.
Despite Covid-19, record capital raised in FY21
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
Northern Arc raises $50 mn debt from U.S.-based DFC
The Chennai-based NBFC will utilise the funds to back liquidity needs of its institutional clients and will also lend to small businesses and its individual customers.
Global private equity AUM crossed $4 trillion in 2019
PE fundraise surpassed $500 billion for the fourth consecutive year in 2019; assets under management of the industry could reach $5 trillion by the end of 2022, says industry tracker Preqin
Decoding YES Bank’s fast-rising share price
The private lender’s 106% recovery in share price from its 52-week low in early October could be a value trap for investors.
