5 Startups Become Unicorn In First Four Months 2021
In the first 4 months of 2021, 5 startups entered into the club of unicorns. These startups are- Groww, Meesho, ShareChat, API Holdings, and Gupshup.
For the knowledge of our readers, unicorn startups are those startups that have their valuation above $1 billion.
On Monday, Meesho raised $300 million from Softbank Vision at the valuation of $2.1 billion.
On Wednesday, the stock market investment platform raised $83 million from Tiger Global at the valuation of $1 billion.
API Holdings owned PharmEasy entered the unicorn club as it raised $350 million from Prosus Ventures and TPG Growth on Wednesday, at the valuation of $1.5 billion.
On Thursday, the conversational messaging application, Gupshup raised raised $100 million in funding from Tiger Global Management at the valuation of $1.4 billion.