Dream 11 has scooped up $840 million in a new round led by Falcon Edge, DST Global, D1 Capital, Tiger Global and Redbird Capital. This is a significant jump in Dream11’s valuation  Dream11 [owned by Dream Sports] has raised $840 million in a fresh funding round headed by Falcon Edge, DST Global, D1 Capital, Tiger Global, and Redbird Capital. TPG and Footpath Ventures also joined the round. According to the company, it has raised new funds valued at $8 billion. This is a considerable increase in Dream11’s worth, which was…

OfBusiness became the 18th startup to reach the unicorn milestone earlier this year  profit has surged 72% during the fiscal ending March 2021. The industrial goods and services procurement platform OfBusiness became the 18th company to surpass the unicorn milestone earlier this year after collecting $360 million in two months in successive rounds led by Softbank and Tiger Global. This makes it one of just a few startups among the 39 that have become unicorns this year. While its operational revenue has more than doubled, profit has increased by 72…

The online investment platform Upstox has raised $25 million from existing investor Tiger Global. Tiger Global is an existing investor in Upstox The month of November has already witnessed five startups becoming unicorns with two more entering the coveted club this week. Now, a sixth company has turned into a unicorn: Upstox. Existing investor Tiger Global has contributed $25 million to the online investing platform. The new funding looks to be part of a larger round for the company. According to regulatory documents, Upstox has approved the offering of 18761…

Full-stack used car retailing platform Spinny has turned unicorn after raising around Rs 1,849 crore The company was valued at around $750-800 million during its Series D round.  Spinny, a full stack used car retailing platform, has become a unicorn after receiving around Rs 1,849 crore ($248 million) in its Series E round from new and existing investors. The new financing comes four months after the Gurugram-based company received more than $100 million in its Series D round led by Tiger Global. According to regulatory filings, Spinny has passed a…