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Tag: unicorn
TagZ Foods raises $2 million in funding from 9 Unicorns and others-thumnail

TagZ Foods raises $2 million in funding from 9 Unicorns and others

TagZ Foods, a business selling snacks, is situated in Bengaluru. It has raised $2 million in a pre-Series A round of funding led by 9 Unicorns, Dexter Angels, Agility Ventures,

Investment & Funding

May 11, 2023

<strong>How does a startup become an unicorn?</strong>-thumnail

How does a startup become an unicorn?

For startups, the term “unicorn” is a badge of pride. A unicorn in the venture capital sector is any startup with a valuation of $1 billion or more. Therefore, only

Startup

Mar 25, 2023

Edtech unicorn Byju’s to lay off 2,500 employees; 5% of its workforce-thumnail

Edtech unicorn Byju’s to lay off 2,500 employees; 5% of its workforce

Byju’s also said it will reduce the number of on-ground sales staff, a decision which comes after allegations of aggressive marketing practices and misselling. It is expected to move a

Education

Oct 13, 2022

<strong>Purplle, a beauty startup, raises $33 million in funding and becomes a unicorn.</strong>-thumnail

Purplle, a beauty startup, raises $33 million in funding and becomes a unicorn.

Purplle, an online retailer of beauty and personal care products, has raised $33 million in funding from Paramark Ventures at a valuation of $1.1 billion. Purplle joined the unicorn club

Industry

Jun 10, 2022

Paytm mall’s out of the unicorn club; valuation plummets 99.5%-thumnail

Paytm mall’s out of the unicorn club; valuation plummets 99.5%

Paytm Mall is buying back 43.2% shares held by Alibaba and Ant Financials for INR 42 Cr. The exit of the early investors has plummeted the valuation of Paytm Mall

Finance

May 17, 2022

Unicorn in education technology Vedantu fires 200 employees-thumnail

Unicorn in education technology Vedantu fires 200 employees

Bengaluru: Edtech unicorn Vedantu has laid off approximately 200 contractual and full-time employees. This comes as startups continue to cut costs in the face of a tightening late-stage funding landscape.

News

May 6, 2022

Software firm Hasura turns unicorn, raises $100 million led by Greenoaks Capital.-thumnail

Software firm Hasura turns unicorn, raises $100 million led by Greenoaks Capital.

This deal marks India’s tenth unicorn deal in 2022, already more than the seven from 2019, which was a record-breaking year for startup funding. Hasura, a software firm that accelerates

Industry

Feb 24, 2022

India’s latest unicorn Uniphore with valuation of $2.5 billion-thumnail

India’s latest unicorn Uniphore with valuation of $2.5 billion

Umesh Sachdev and Ravi Saraogi founded Uniphore in 2008, which has raised more than $610 million in funding. Uniphore, a conversational automation platform, has secured $400 million in a Series

News

Feb 17, 2022

Upstox-backed by ratan tata, it is India’s 40th unicorn-thumnail

Upstox-backed by ratan tata, it is India’s 40th unicorn

The Indian startup ecosystem has grown tremendously in recent years, with over 40000 registered firms. It has risen to become the world’s third-largest startup ecosystem, behind the United States and

Startup

Dec 27, 2021

Apna finally crowned as ‘unicorn’ after $100 million funds raised by tiger Global-thumnail

Apna finally crowned as ‘unicorn’ after $100 million funds raised by tiger Global

To give best solutions on job and skill development, Apna has tied up with entities including UNICEF, Yuwaah, National Skill Development Corporation, Akzonobel, and Ministry of Minorities Affairs of India.

Startup

Sep 22, 2021


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