Start-Ups

India has outpaced several developed nations, including China, the United Kingdom, and Canada, in terms of adding new unicorns during the third quarter (Q3) of the calendar year 2021, as per the report from PwC India. A unicorn is a startup that is valued at at least $1 billion. In the third quarter, India added over ten unicorns, compared to seven in China and Hong Kong, and four in the United Kingdom and Canada, indicating the high pace of investment activity. However, the United States maintained its commanding lead on…

Rivian Automotive, an Amazon-backed maker of electric trucks and utility vehicles, filed for a stock market listing on Friday as it prepared to ramp up manufacturing and deliveries. The California-based company said that it has filed for an initial public offering (IPO) on a confidential basis, in accordance with a provision that allows it to keep its financial data private. The offering’s size and pricing range were not disclosed. Rivian has garnered more than $10 billion in investment since its inception in 2009, notably from Amazon, which has committed to…

The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge funds and P/E firms including Park West Asset Management, Franklin Templeton, Adage Capital Management, Ulysses Management and funds & accounts advised by T. Rowe Price Associates. GOAT has surgically defined a corner of fashion commerce outside of Amazon’s purview while growing the appeal of street wear and sneakers to a broader audience of consumers. GOAT Group…

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