Startup

India’s Startup Boom in 2024: 6 New Unicorns Join the $1 Billion Club

India’s Startup Ecosystem Shines Bright with Six New Unicorns in 2024 The year 2024 has been a remarkable one for India’s startup scene. Six companies have achieved the highly sought-after unicorn status—meaning they’re now valued at $1 billion or more. This impressive feat marks a huge jump from 2023, when only two startups made it to the unicorn club. With these new additions, India’s…
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BusinessNews

Moneyview Reaches Unicorn Status and Expands Services with Jify Acquisition

Moneyview, a leading consumer lending platform, has achieved unicorn status following a recent funding round that brought in new capital from existing investors. The company raised INR 38.64 crore (approximately USD 4.65 million) by issuing 60,23,382 equity shares at INR 64.15 each. Major contributions came from Accel India, which invested INR 29 crore, and Nexus Ventures, which added INR 19…
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NewsStartup

Moneyview Achieves Unicorn Status with $1.2 Billion Valuation: What This Means for India’s Startup Ecosystem

Moneyview, the Bengaluru-based fintech startup, has recently achieved unicorn status, marking a significant milestone in India’s burgeoning startup ecosystem. According to a report by Entrackr, Moneyview has reached a $1.2 billion valuation following its latest funding round. This new valuation positions Moneyview among the elite group of startups valued at over a billion dollars, showcasing the…
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BusinessNews

Moneyview Secures $30 Million Debt Funding for Growth and Expansion

Moneyview Raises $30 Million in Debt to Fuel Future Growth Moneyview, the Bengaluru-based lending platform, is set to raise Rs 250 crore (approximately $30 million) through a private debt placement, marking its first major debt round in three years. The company’s board has approved the issuance of non-convertible debentures (NCDs) to facilitate this funding, according to internal documents…
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