Business
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India’s unicorn startup, Cars24 cuts 600 jobs
The used car e-commerce platform, Cars24 backed by investors in the likes of SoftBank and Alpha Wave Innovation, has asked 600 of its employees to leave, even as it pushes ahead with its international expansion…
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Japanese payment processing firm Opn obtains unicorn status after raising $120-million
Digital payment processor Opn, which was formerly known as Synqa, said it has raised $120-million in a Series C+ funding round, earning itself a unicorn status. Some investors that have participated in the funding round…
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Indian instant grocery startup nears unicorns status after raising $200-million
In the latest funding round led by Y Combinator, an instant grocery startup – Zepto has raised $200-million in a Series D fundraise, which takes its valuation to around $900-million just shy of a unicorn…
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Singapore-founded Biofourmis raised a whopping $300 million in Series D funding to earn a unicorn status
Biofourmis, a startup developing digital therapeutics and artificial intelligence to remotely monitor patients conducted a Series D funding round led by General Atlantic which raised $300-million to bring its valuation to $1.3-billion. The funding round…
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Chinese work automation startup, Laiye bags US$160-million funding as the company nears unicorn status
Chinese intelligent automation solutions developer, Laiye has recently announced that they picked up US$160-million from a Series C funding round to expand overseas. The Beijing-based company’s financing came in three tranches, with the latest tranche…
