Unicorn: News

India's 1st AI unicorn Fractal Analytics plans $500 million IPO

Fractal Analytics, a leading provider of artificial intelligence (AI) services, is planning to file for an initial public offering (IPO) in Mumbai.

24 May 2024

Startups

Slice founder Rajan Bajaj's salary was mere ₹12 in FY23

Rajan Bajaj, the founder of fintech unicorn Slice, drew an annual salary of just ₹12 in FY23, as per a report by PrivateCircle Research.

09 Nov 2023

Startups

InCred to join the unicorn club soon: Here's how

InCred Holdings Limited, the holding company of InCred Financial Services Limited, revealed that it has received commitments amounting to Rs. 500 crore in its Series D funding round.

25 Aug 2023

Business

Zepto breaks India's unicorn drought by raising $200mn at $1.4bn

Quick-commerce start-up Zepto has become India's first unicorn of 2023. It secured $200 million in a Series E funding round, achieving a $1.4 billion valuation.

13 Oct 2022

Startups

Winter is here for start-ups and it's not going away

We have been hearing about India's tough start-up landscape. Now, we have figures to support that.

16 Jun 2022

Paytm

Which IITs, IIMs have churned out most Indian unicorn founders?

India recently achieved the milestone of 100 unicorns.

09 Jun 2022

Nykaa

Nykaa-rival Purplle becomes India's 102nd unicorn with latest $33mn fundraise

Online cosmetic products start-up Purplle has joined the coveted unicorn club. In its Series E funding led by Paramark Ventures, the Mumbai-based company has raised $33 million at a $1.1 billion valuation.

07 Jun 2022

EdTech

Physics Wallah raises $100 million; becomes India's 101st unicorn

Noida-based ed-tech start-up Physics Wallah has joined the coveted unicorn club in India.

14 Oct 2021

Startups

CarDekho turns unicorn with $250mn pre-IPO funding led by LeapFrog

Aiming to capture a larger share in India's used car retail space, Jaipur-based CarDekho has raised $250 million, including $200 million in equity and $50 million as debt, in its latest pre-IPO funding round.

20 Dec 2019

India

Lenskart raises $231 million, enters the elite unicorn club

Lenskart, a Faridabad-based start-up providing a platform to buy eyewear online, has reportedly raised $231 million in a Series G round of funding led by Japanese conglomerate SoftBank.

20 Dec 2018

India

Swiggy raises $1bn in its largest funding round yet

Months after entering India's unicorn club, food delivery platform Swiggy has raised a whopping $1bn in fresh capital from existing and new investors.

25 Sep 2018

India

OYO Rooms raises $1bn, enters unicorn club

Budget hotel chain OYO Rooms has entered India's unicorn club, having raised a whopping $800mn in a round led by Japan's Softbank Vision Fund.

05 Sep 2017

Alibaba Group

Zomato eyes $200m from Alibaba, may get the unicorn-tag back

According to reports, Zomato is currently engaged in negotiation with Alibaba and its payments affiliate Ant Financial to raise up to $200 million from them.

18 Jun 2017

Emmanuel Macron

France launches tech visa to become "country of unicorns"

In a bid to become "country of unicorns", France launched a new technology visa to attract foreign talent.