Global investment firm Think Investments has invested Rs 136 crore in edtech unicorn PhysicsWallah ahead of its Rs 3,480-crore IPO opening on November 11. The investment involves a 0.37 per cent stake purchase from 14 employees at Rs 127 apiece
New Delhi: Blockchain startup 5ire on Friday said it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, taking its valuation to $1.5 billion and becoming a new unicorn in the country. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August […]
New Delhi: The Income Tax Department on Sunday said that it has conducted a search and seizure operation on a Pune and Thane based unicorn, and has found evidence of undisclosed income of Rs 224 crore. The I-T department found evidences of foreign funding and a hawala network of Mumbai and Thane based shell companies. […]
Gurugram: Digital-first consumer brands platform Honasa, that owns personal care brands like Mamaearth, on Saturday said it has raised $52 million led by Sequoia, becoming the first Indian unicorn of 2022. Along with launching new brands, Honasa Consumer Pvt Ltd said that it will continue to aggressively expand distribution for existing brands – Mamaearth and […]
New Delhi: Used car retailing platform Spinny on Tuesday announced the closure of a $283 million funding from new and existing investors, taking its valuation to $1.8 billion and becoming another unicorn in 2021. The company said the raised capital would be utilised to bolster the customer experience, strengthen technology and product capabilities and build […]
Startups ranging from sectors like Medtech to fashion to clean energy and EdTech among others had completed their six months cohort with WE Hub and were ready for the next stage.
