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Funding Friday: 2019 Gets Its First Unicorn & Paytm Money Raises Funding From Its Parent

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Former Senior Correspondent, Entrepreneur India Magazine
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  1. 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.
  2. 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.
  3. 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.
  4. 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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