Unicorns, or startups valued at over $1 billion, are across industries, beyond technology and tech-enabled sectors as well, like pharmaceuticals, and consumer goods.
This latest capital infusion comes shortly after the company's $21 million Series C round in July 2020, bringing the total equity capital raised by the company to $193 million.
"He has expressed his intention not to seek re-appointment as MD and CEO of the company and would thus accordingly cease to hold office effective from close of business hours on January 11, 2021," Zensar said.