In the ever-evolving world of e-commerce, a new player has emerged, not just to participate but to dominate. Meesho, a nine-year-old startup, has quickly outpaced giants like Amazon and Flipkart in user growth. With a sales run rate exceeding $5 billion and significant investments from heavyweights like Prosus, Softbank, and Peak XV, Meesho’s ascent is…
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Unicorn Founder Salaries in 4 Charts
Your startup has just hit over a billion dollars in valuation and there are a couple of million dollars in the bank – how much do you pay yourself? Let’s see what the data says. The median annual salary for Indian unicorn founders in FY23 was Rs 1.5 crores. Of course, there are some outliers…
Read moreIt’s a Big Deal – Episode 11 | 16 Oct – 15 Nov 2023
Introduction Welcome to a riveting episode of It’s-a-Big-Deal, where we delve into the intricacies of the latest happenings in the Indian startup scene. In today’s spotlight is InCred Finance, the newly-anointed unicorn that recently secured an impressive ₹500 cr in its Series D funding round. Watch the Episode 11 available on YouTube. About InCred InCred Finance,…
Read moreIt’s a big deal: Episode 9 | 21 Aug – 24 Sep, 2023
Welcome to another It’s-a-big-deal blog powered by PrivateCircle Research. In this episode we delve into the top private market deals from India between 21 August – 24 September, 2023. Watch this Episode 9 available on Linkedin and YouTube. India’s Latest Unicorn In the fast-paced world of technology and startups, one name has been making headlines recently – Zepto. This…
Read moreOxyzo Enters the Unicorn Club
The week clearly belonged to the fintech sector with a significant volume and one more addition to the unicorn club. As is usual we will cover the unicorn and large deals before we get to these deals. Deals above 100 cr. Oxyzo Financial Services raised 1521 cr Series A round and enters unicorn club, the…
Read moreUnicorn Licious Now has More Firepower
Amagi among Unicorn Covering unicorns first, we saw Amagi entering the unicorn club with a 725 cr funding from Accel and others as it aims to scale its suite of video and media solutions. While existing unicorn Licious raised more than 1100 cr from Amansa Capital, along with Kotak PE and Axis Growth Avenues AIF-I…
Read moreCredAvenue turns Unicorn
We decided to cover deals that are close to INR 10 cr in value going forward, and only cover the volumes across subsectors, locations, and company stages for smaller deals. On average, we have at least 10-15 deals every week that is 10 cr or higher in value, and typically include a couple of mega…
Read moreSwiggy Turns Decacorn
It was a heavy week from a value perspective with Swiggy turning decacorn. We had only 50 deals captured on our platform, the aggregate value of deals was well over 13000 cr. Swiggy, Ola Electric deals, and new Unicorns Swiggy turns decacorn with a 5218 cr Series K round led by Invesco, in the process…
Read moreMeat, Egg and Veggie deals
OfBusiness and Bizongo Raw material sourcing startup ofbusiness made big news this week with a 3540 cr fundraise from several investors including Falcon Edge chipping in Rs 1,332cr, followed by Tiger Global with Rs 761cr, and lastly, SoftBank with Rs 380cr. The rest is secondary. On similar lines, but only focused on packaging, Bizongo raised…
Read moreTiger on the rowl
Tiger deals this week The unicorn stories for 2021 is not yet over, this week we saw 3 more joining in the party. First is Upstox raising 185cr from Tiger at a valuation of 25330cr joining the likes of Zerodha in the year of unprecedented new investors coming into the market. Second was Spinny with…
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