One unicorn per day, the start-up space is booming | Editorji
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One unicorn per day, the start-up space is booming

Apr 08, 2021 12:54 IST | By Editorji News Desk

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. 

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