The social commerce platform Meesho joined the unicorn club earlier this week with its fund-raise of $300 million in a new round, led by SoftBank Vision Fund 2. Popular former unicorns include Airbnb, Facebook and Google. This is a list of unicorn startup companies.In finance, a unicorn is a privately held startup company with a current valuation of US$1 billion or more, across technology centers throughout the world.. Urban Company becomes the 12th startup from India to have entered the coveted $1 billion valuation club this year. The CBS Insight report gives details on Unicorns since 2010. weather: to display current weather shell: to use shell locateme: to display an image of your current location note: to start editing a note encrypt: to send encrypted message ls: to display information of an item code: to display a window displaying codes number: to make phone call equation: to calculate the equation Features Instant Search We name the top 100 seed VCs based on analyzing 1,000 of them in partnership Tribe Capital. Paxos, a blockchain infrastructure company. SoftBank Group Corp.'s Vision Fund 2 led a $300 million round of funding for Bangalore-based social commerce startup Meesho Inc., valuing the company at $2.1 billion. For instance, Meesho’s valuation went from USD 700 million to USD 2.1 billion, Cred’s valuation jumped from USD 806 million to USD 2.2 billion. With Byju’s valuation estimated to rise to $16.5 billion, we look at where the ed-tech platform could stand compared to India’s industrial bigwigs having market cap similar to its valuation. Munish Varma, Managing Partner, SoftBank Investment Advisers said, … Meesho. The total number of Unicorns has increased from one in … Tiger Global, Steadview Capital, Vy Capital and others also participated in the latest round. The total number of unicorns for the current … The country now has 51 unicorns, with the list including Groww, Pharmeasy, Cred and Meesho among others. India's latest startup unicorn is home services marketplace Urban Company, which has raised $190 million from investors led by Prosus, valuing the startup at $2 billion.Urban Company was previously valued at $933 million when it last raised $75 million in a round led by Tiger Global in 2019. Data shows that for most private companies, getting over a billion-dollar valuation from investors is recent phenomenon. It is the 14th company this year to cross the $1 billion valuation mark after Meesho, Cred, Pharmeasy, ShareChat, Moglix and others. Meesho is headquartered in Bengaluru, India and was one of the three Indian companies to be selected for Y Combinator in 2016. Zerodha valued at $2 billion, plans $25 million ESOP buyback Online brokerage Zerodha's valuation has doubled to $2 billion within a year, underscoring the … … Medtech major PharmEasy managed to command a more than two-fold valuation jump to USD 1.5 billion, while ShareChat’s valuation rose by a whopping 223% to USD 2.1 billion. Mumbai | Bengaluru: Walmart Inc.-owned homegrown e-commerce firm Flipkart is in preliminary talks with a clutch of new investors to raise at least $1 billion, even as it weighs an initial public offering (IPO) in the United States around the fourth quarter this year, at least four people in the know said. With this, the company's total valuation has reached $1 billion making it the 13th Indian firm to attain unicorn status in 2021. It enables small businesses and individuals to start their online stores via social channels such as WhatsApp, Facebook, Instagram etc. Twitter rival Koo is in discussions with investors to raise funding and hopes to close a deal in the next 3-4 months, Koo co-founder Aprameya Radhakri.. Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a financing round. A unicorn company, or unicorn startup, is a private company with a valuation over $1 billion. Stomping ground. Valuation: $2.4 billion. While healthcare startup Practo is on its way to becoming the next unicorn, with a current valuation of $904 million, payments startup BharatPe is close with a nearly USD 900 million valuation. Some seed investors succeed more than others. Notable lists of unicorn companies are maintained by The Wall Street Journal, Fortune Magazine, CNNMoney/CB Insights, TechCrunch and PitchBook/Morningstar. The hospitality and tourism industries have been particularly hard hit by the COVID Crisis, and the dust will take a long time to settle. 2021 saw the highest growth in number of Unicorns. Meesho is an Indian social commerce platform founded by IIT Delhi graduates Vidit Aatrey and Sanjeev Barnwal in December 2015. Variants include a decacorn, valued at over $10 billion, and a hectocorn, valued at over $100 billion. Out of 654 companies in … Founders: Charles Cascarilla and Rich Teo. Valuation: $3 billion. Current, a … As of May 2021, there are more than 600 unicorns around the world. Piecing together SoftBank’s US$300M social commerce bet on Meesho Unicorn status in six years and a 3X jump in valuation in two—there’s something about Meesho and social commerce that has gotten SoftBank to hang its hat on. …
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