The term ‘unicorn’, by default carries an air of excitement and charm within. The startup ecosystem talks likewise, more so when the unicorn population is on the rise for Indian startups. Data states that last year there were around 637 startups founded in 2018. Around $11 billion was invested across 743 deals last year. Also […]
Logistics startup Locus has raised $22 million in Series B funding to expand its operations in international markets. The startup was funded by Falcon Edge Capital and Tiger Global. Existing investors Exfinity Venture Partners and Blume Ventures also participated in this round. Locus has raised $29 million so far. The startup works with companies that […]
Sunil Shetty, a renowned Bollywood actor has picked up a minority stake in online fitness community, Squats, at a valuation of INR. 350 crore. Squats was launched in January 2016, as a Facebook community, to address challenges in the fitness domain. Squats claims to have over 70,000 fitness transformers, and a highly engaged community of […]
French hotelier Accor is in stage of early discussions to invest around $40 million in Treebo hotels, said people aware of the matter. If this deal materialises, this could be Treebo’s first funding round since 2017. If at all this investment happens then Treebo’s valuation is likely to be at around $205-240 million. Treebo, headquartered […]
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