Main quick-commerce platform, Zepto has raised $340 million in a follow-on financing spherical at a valuation of $5 billion which comes shut on the heels of its earlier fundraise in June. Basic Catalyst led this spherical, with Dragon Fund, and Epiq Capital coming onboard as new buyers. Current buyers comparable to StepStone, Lightspeed, DST, and Opposite additionally elevated their stakes. … Read more
Brainbees Options Restricted, popularly identified by its model title ‘Firstcry’, a number one multi-channel retailing platform for childcare merchandise has launched its IPO and is open for subscription until August 8, 2024. The IPO is a mixture of recent challenge of ₹1,666 crore and provide on the market as much as ₹2,528 crore, totalling to … Read more
A report 25 upcoming unicorns dropped out of the Hurun India Future Unicorn Index 2024, reflecting the fallout of the funding winter that led to corrections in valuations within the Indian startup ecosystem. Based on the Hurun India report launched on Thursday, solely three startups turned unicorns this 12 months (valuation of over $1 billion … Read more