InCred becomes 2nd unicorn of 2023 after raising $60 Mn in a new round. At $1.03 Bn valuation.

• Ather Energy, an electric two-wheeler manufacturer, secured $71 Mn (INR 600 Cr) from National Investment and Infrastructure Fund (NIIF), valuing the company at $1.3 Bn post-money.
• NIIF was an investor in Ather's Series E round, which...

• Accel India invested INR 19.5 Cr and Nexus Ventures invested INR 19.1 Cr in Moneyview.
• The fintech startup is now valued at $1.2 Bn, making it the sixth unicorn of 2024.
• Moneyview also acquired earned wage access platform Jify to d...

Despite the funding winter environment, higher management woes and business model doubts they raised a colossal $200mn. Any inside beans to spill here?

• Rapido, the bike-taxi startup, has reached a $1 billion valuation, becoming the latest Indian unicorn after securing $120 million in a Series E funding round led by WestBridge Capital.
• The new funding highlights Rapido's growing inf...