Almost on a daily basis over the past week, start-ups join the unicorn club as funding continues to pour in. Meet the newest entrants into the billion-dollar club:
- Pharmeasy: Parent API holdings now valued at $1.5 billion TPG Growth led fundraising of $350 million into this Mumbai-based online pharmacy company.
- Groww: This investment platform founded by Flipkart employees debuts as a billion-dollar company as Tiger Global invested $83 million into the company which has over 15 million registered users.
- Cred: Fintech start-up started by Kunal Shah now enjoys a $2.2 billion valuation from $800 mn. The fund raising was led by new investor Falcon Edge Capital.
- Meesho: $300 mn from SoftBank Vision Fund valued this social commerce startup’s valuation to $2.1 billion vs $125 million when it last raised money in 2019.