Explore the latest news, in-depth reports, and executive analysis tagged with #9unicorns.
In today's edition, we write on Ashneer Grover's third attempt at Third Unicorn in three years; and why investors are betting on India's AI-native travel startups...
The funding round saw participation from Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator.
Venture capital firm Bessemer Venture Partners joined the cap table as a new investor, while existing backers Khosla Ventures and Peak XV Partners also participated in the funding round.
The funding round was co-led by Sherpalo Ventures and Singapore's sovereign wealth fund GIC.
Beyond capital, the fund aims to offer portfolio companies strategic guidance and domain expertise from KRAFTON's gaming and platform experience and Naver's product and AI capabilities.
The funding round also saw participation from RTP Global and Unicorn India Ventures.
The funding round was led by Motilal Oswal Alternates, Hornbill Capital, and MUFG-backed Dragon Funds.
The funding round saw participation from Merak Ventures, Java Capital, IIMA-CIIE, and investor Manish Gandhi.
The funding round saw participation from Roots Ventures, Caperize Fina, and MAIQ Growth Scheme.
The capital will be used to scale-up and deploy over 20,000 GPUs in India by Neysa.
Total expenses of the startup fell 18% to Rs 160 crore in the last financial year from Rs 195 crore in FY24.
It intends to use a portion of the capital to advance its investment into agentic artificial intelligence (AI) capabilities.
The Noida-based startup will use the fresh capital to boost its existing use cases, accelerate product development and push its go-to-market strategy.
The IPO comprises of fresh issue of shares worth Rs 1,279 crore and an offer for sale (OFS) of Rs 3,620.7 crore by existing shareholders.
The round was led by Pentathlon Ventures, with participation from Yatra Angel Network and from existing investors 100Unicorns and Venture Catalysts.
The round was led by Antler, 9Unicorns, and Venture Catalysts, with participation from several angel investors.
