It permits the digitisation of fleet operations for truckers. Spinny is a used-automotive shopping for platform that is powered by new-age technologies and allows dependable and problem-free transactions in used automobiles. Gurugram-based mostly used automobile retailing platform Spinny raised close to INR 1,849 Cr of ($248.6 Mn) in a Series E spherical of funding co-led by Tiger Global and Abu Dhabi Progress Fund. Founded in 2015 by Niraj Singh, Mohit Gupta and Ramanshu Mahaur, Spinny is a used car retailing platform. Purplle is an Indian multi-brand beauty retailing on-line market that was founded in 2011. Based by Rahul Dash and Manish Taneja, Purplle is a web based retailer that provides a wide range of merchandise spanning quite a few categories like fragrances, cosmetics, hair and skincare, and more. Founded in 2017 by Darpan Sanghvi, MyGlamm claims to supply more than 800 cruelty-free and vegan magnificence products in beauty, skincare, and personal care categories. Founded in 2016 by Ghazal and Varun Alagh, Mamaearth began selling baby care products but steadily moved on to become a complete personal care brand. Gurugram-primarily based Pristyn Care became the fourth healthtech startup to achieve unicorn status in 2021. The healthtech startup has raised $eighty four Mn in a new funding spherical led by Sequoia Capital.
The funding round has been led by Qatar Funding Authority (QIA), current investors Coatue and Evolvence additionally participated in the round taking the startup’s valuation to $1.Four Bn. Back then, the spherical noticed participation from New York-based Avenir Progress along with current buyers akin to Basic Catalysts, amongst others. At present, Licious has a whopping INR 1,000 Cr annual income price, a year-on-year development of 500%, unicorn companies a crew of 5K, and operations in 14 cities in India with over 2 Mn clients. With a franchise mannequin leveraging Cult Centre, a Cult Gym or both, the company goals to be present in 50 cities by FY22. 30 cities to offer surgeries and treatments for Unicorn Companies proctology, urology, ENT, gynaecology, vascular, laser and Unicorn Companies others. Unicorn startups like AmazonFresh, UberEats, and GrubHub ensure that contemporary, excessive-high quality, scrumptious meals are served at your doorstep. These newcomers have entered into partnerships with the native restaurants and the local drug shops and grocery stores to ship just about anything to your doorstep. Many unicorn companies have exceeded their $1 billion requirements. The newly minted unicorn claims to have exceeded the $100 Mn revenue run-price final month. This developer-focused tooling products platform has turned to be a Unicorn Companies on February 22, 2022, thereby becoming the 10th Indian startup to enter the coveted unicorn club in 2022. It raised a funding of $one hundred mn to obtain the unicorn status in its Sequence C funding round.
The 2021 founded startup has achieved the $1 Bn valuation after elevating $135 Mn in its Sequence B round led by Alpha Wave Ventures, Falcon Edge Capital in participation. The spherical was led by Coinbase Ventures and Andreessen Horowitz (a16z), marking a16z’s first investment in India. The rising HR Tech platform has raised $72 million in its Sequence D funding round from TCV on January 25, 2022, to realize the unicorn club of Indian companies. The neobanking culture is quickly influencing the Indian banking and monetary system and Open has been one in all the key players on this growing tradition. Not solely this, however SoftBank has additionally been declared certainly one of the most important non-public market fund traders. Founded by Rajesh Yabaji, the company claims to be the biggest online trucking platform in India with over 90% market share. After the recession precipitated a pointy decline in startups and different new businesses, a slew of all types of recent businesses entered the market . It had filed its draft crimson herring prospectus (DRHP) for INR 1,900 Cr IPO, for which it has already received the market regulator SEBI’s nod. For the same interval, it additionally reported an EBITDA loss of INR 98 Cr, up from INR forty six in FY19.
Total, Zomato had to shell round INR 740 Cr ($one hundred Mn) for the deal. Zomato has acquired an 8.94% stake on a fully diluted foundation in Arms-on Trades for INR 222.8 Cr. In a filing, Zomato knowledgeable the BSE that it has additionally completed the acquisition of Fingers on Trades Private Limited (HOTPL), a non-public company owned by Singapore-based Grofers International Pte Ltd, that is in the enterprise of B2B wholesale buying and selling. A unicorn firm is a privately-owned startup business with a valuation that surpasses $1 billion. The country with essentially the most unicorns, or privately owned firms with a valuation of one billion U.S. Founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, and Vishal Chaudhary, Zetwerk is a manufacturing services platform that connects manufacturing companies with vendors and suppliers for customised merchandise, industrial machine elements and other gear. Founded in Could 2021 by Ananth Narayanan, Mensa Manufacturers has already partnered with 12 manufacturers. Over the course of years, the startup has partnered with a number of game builders and added over 70 video games to its platform.