November 2021

Credit card platform Slice, has raised $220 million in Series B round. The fund will be utilized for onboarding users, hiring, and development of new products. Credit card platform Slice, has raised $220 million from Tiger Global and Insight Partners in a Series B round. Sunley House Capital of Advent International, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i were among the existing investors in the round. According to Slice, the new funds are valued at more than $1 billion. In 2021, the company will join the ranks of…

SaaS startup Toplyne is in talks to raise a new round led by Tiger Global Management. Toplyne is a plug-and-play platform that enables sales teams at PLG (product-led growth) companies to boost their freemium user conversion rates. The funding binge is still going on asv SaaS firm Toplyne is in discussions to raise a new round led by Tiger Global Management. This comes just weeks after the Bengaluru-based startup raised $2.5 million in its first round of fundraising from Sequoia’s Surge, Together Fund, and other investors. “Tiger Global is in…

CoinDCX to try for an IPO as soon as the government allows They are planning to promote blockchain technology CoinDCX, India’s first cryptocurrency unicorn, intends to go public as soon as regulations permit it, as per co-founder Neeraj Khandelwal. The share sale, similar to Coinbase Global Inc.’s U.S. listing earlier this year, would be a key vote of confidence for India’s digital asset industry, Khandelwal said in an interview with Bloomberg Television on Monday. “As soon as the government or the situation allows us, we will try for an IPO,”…

India is leading in the world in startup domain India now has more than 70 unicorn startups Turning the spotlight on the importance of startups, Prime Minister Narendra Modi said on Sunday that India is, in some ways, leading the world in this domain, and that this could be a defining moment in India’s success story. The country now has more than 70 startups or unicorns with valuations exceeding $1 billion. In his radio programme Mann Ki Baat, the Prime Minister stated that in every country with a large youth…

Edtech startup Vedantu launched its first ESOP plan Vedantu became a unicorn startup in September 2021 Edtech startup Vedantu has launched its first-ever employee stock ownership plan (ESOP) liquidity plan worth Rs 20 crore for its employees as part of the startup’s ESOP linked bonus pay-out scheme. According to an email sent by Vedantu’s CEO Vamsi Krishna on Friday, the company will conduct more similar rounds in the future while widening the scope of coverage to include more of its employees. PhonePe announced a Rs 135 crore ESOP liquidity programme…