Page 2 - Unicorn India Ventures

Unicorn Gupshup acquires OneDirect to strengthen conversational platform

Gupshup became a unicorn last year after it raised $100 million in funding at a valuation of $1.4 billion.

Fintech unicorn Slice raises $50 mn funding led by Tiger Global, others

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

upGrad says study-abroad unit set to become largest player in South Asia

Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.

CredAvenue enters unicorn club as valuation triples to $1.3 bn in 6 months

Raises $137 million in Series B funding round led by Insight Partners, B Capital and Dragoneer

Betting early on multi-baggers: How Unicorn Ventures profit off start-ups

According to a PwC report, the Indian start-up ecosystem saw investments of over $10 billion in the third quarter of calendar 2021 from VCs

Niche businesses take centre stage with $20 bn in unicorn funding this year

Startup sectors like specialty e-commerce, enterprise subscription software and standalone business models are attracting funds and higher valuations

WINDO raises $500,000 in seed round led by Unicorn India Ventures

WINDO, founded in 2020, by second-time entrepreneurs Silus Reddy Chintapalli, Rakesh Vaddadi, is an Instagram commerce-focused tech startup

India home to 100 unicorns with a combined m-cap of $240bn: Credit Suisse

Start-ups, the note said, account for a reasonably high 6-7 per cent of new firms in India, and the ratio has risen over the past decade. India is a home to the third-largest set of unicorns globally.

Six Indian startups that beat the pandemic to become unicorns this year

Three unicorns have emerged in fintech space and one each in software, edtech and beauty space. A unicorn is a privately held startup that is valued at $1 billion or more

Unicorn India Ventures launches Rs 600-cr debt fund

Venture capital fund Unicorn India Ventures, led by former SEBI chairman M Damodaran, launched their maiden venture debt fund today. This sector agnostic fund will be worth Rs 600 crore and is the second fund from Unicorn."The Indian startup ecosystem is maturing. The capital structure of funds is lopsided with hardly any debt. We believe, it is the right time to launch venture debt fund alongside traditional venture equity," said M Damodaran, Chairman, Unicorn India Ventures.Unicorn has previously invested in Boxx.ai, GrabonRent, Inc42, NeuroEquilibrium, Pharmarack, Sequretek, SmartCoin, VanityCube among others from the first fund.Anil Joshi and Bhaskar Majumdar are the founders and managing partners at the firm. "We are looking at an average ticket size of about Rs 20 crore as ticket sizes of debt funds are higher than equity ticket sizes. In three years time we will invest one round followed by a second round. We plan the Rs 600 crores to work twice in two rounds," said Sudip ...

Unicorn India launches Rs 600 crore venture debt fund

The Sebi-registered fund will invest in about 10 venture in a year with an average ticket size of Rs 20 cr

Unicorn India Ventures invests in AI-led analytics start-up Boxx.ai

Boxx.ai was launched in July 2016 by IIT alumni Ajay Kashyap, Prakhar Raj and Shitiz Bansal

Unicorn India Ventures is set for final close of maiden fund

Announcement is likely next month, after some paperwork for an investment from an institution