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In Brief
Tuesday, 25 May 2021 14:17 Private equity / VC
Home services firm Urban Company has been valued at $2 billion, more than double from late 2018, after raising a $188-million round led by Prosus Ventures (Naspers), as per regulatory filings accessed via Tofler.
Backed by marquee investors, Urban Company’s valuation rose up to USD 2 billion following the latest funding round, to become India’s 12th startup to enter the coveted unicorn club.
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In Brief By Kian Ganz
Thursday, 06 May 2021 22:34 Private equity / VC
Groww has raised $83 million in a Series D funding round led by Tiger Global, making the online investment platform the latest entrant into India’s startup unicorn club. This is the third investment by New York-based investment fund Tiger Global in the sector after Upstox and IndWealth. Existing investors Sequoia India, Ribbit Capital, YC Continuity and Propel Venture Partners also participated in the round.