Funding Friday: 2019 Gets Its First Unicorn & Paytm Money Raises Funding From Its Parent
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By Mohit Sabharwal • Mar 3, 2019 Originally published Mar 3, 2019
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- The year 2019 finally has its first unicorn. Delhivery, a Gurugram-based logistics startup has raised $395 million in its Series F round from the Softbank group. The logistics startup, with the latest round of funding is valued at $6 billion.
- Mumbai-based fintech startup Jai Kisan has raised $1.5 million in seed funding. The financial inclusion startup will use the funds to increase its lending and expand operations across India.
- Paytm Money has raised around 29 crore from its parent company One97 communications. The new funds shall help Paytm Money to upscale its operations aggressively.
- In a series B-round led by Accel, Service automation startup Zinier has raised $22 miilion in funding. The company would utilize the funds to expand its verticals globally.
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