Dream Sports raises $840 mn at a valuation of $8 bn
The firm claims that the investment is among the largest globally in the sports tech sector. In March this year, it raised $400 million in secondary investment at a valuation of about $5 billion.
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Valued at $1.1 billion, ACKO is India’s new unicorn
Investment led by General Atlantic and Multiples Private Equity takes the insurtech startup’s total fund count to $450 million.
Unicorns clear the way for decacorns; deal activity skyrockets in Q3
Decacorns, namely, Paytm and Byju’s are the Indian outliers.
Open raises $100 million led by Temasek
The SME-focused neobanking platform’s total fund tally now stands at about $135 million.
Wednesday bonanza: A new unicorn, start-ups raise over $300 mln
Besides crypto startup CoinSwitch Kuber becoming India’s 30th unicorn, the day also saw funding announcements from a clutch of tech start-ups.
India’s EV battle heats up: Ola Electric raises $200 mln
The electric vehicles manufacturer will utilise the fundings to accelerate its development of other vehicle platforms such as electric motorbikes, mass-market scooters and electric cars.
Vedantu turns unicorn amidst edtech battle in India
The Bengaluru-based online learning platform is the fifth edtech company in the country to attain unicorn status. Last month, edtech ventures: upGrad and Eruditus also joined the coveted club.
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.
40 Under 40: The rise of Elevation Capital
The partners at Elevation Capital take pride in the fact that the venture capital fund has been an early-stage backer to most of the 11 unicorns in its portfolio.
40 Under 40: Razorpay’s phenomenal growth
Six-year-old Razorpay has seen phenomenal growth in the last one year. It raised $100 million in October at a $1-billion valuation and has seen its payments volume triple.
