Indiaâs 3rd unicorn of 2024
Porter quietly turns unicorn
Theyâve closed an internal round at $1 billion valuation
How many of you heard this startup name before this?
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Aryan patil
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Reports saying Porter became India's third unicorn of 2024 (with a valuation of $1 billion and above) after a fresh internal round.
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AprameyaAI âąÂ 10m
BREAKING: Porter really delivered! đŠ
â¶ïž Porter has become a unicorn after completing a fresh friends and family funding round.
â¶ïž This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios.
â¶ïž In the
Logistics services provider Porter has reportedly joined the unicorn startup club after completing a fresh friends and family round, in which individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion, a
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Sunil Huvanna
Building AI Applicat... âąÂ 10m
At the moment when Porter turns to be India's Unicorn recently(probably 106th Unicorn) I can remind myself of more startup by name TruckEasy which almost was with the same product eventually got shutdown with intense cash crunch in its last days!
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You know about UNICORN đŠ but do you know these terms ?
Unicorn companies are privately held startups worth more than $1 billion.
Aside from them, there are additional terms in which an animal is compared to startups for easier categorization.
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1. Delhi-based battery-swapping startup Battery Smart is set to raise around INR 376.3 crore (approximately $45 million) in a Series B funding round.
2. Matel, an e-mobility startup, raised $4 million in a Series A funding round.
3. InstaAstro, a s
" Another IITian driven Unicorn "
All of you already know that Porter had become a unicorn in a internal funding round. So let's learn something from them
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" Tin Teegada Kaam Bana Dala "
Porter, third unicorn of this
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Ashish Singh
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đ€Ż India's fastest unicorn Mensa Brands, founded by Ananth Narayanan in 2021, became India's fastest unicorn, achieving a $1.2 billion valuation in just six months.đ«Ą
The company scales digital-first consumer brands across categories like fashion, b
Rapido has been a lifesaver â€ïž.
After food delivery apps, something that has made life easier is Rapido.
Today, Rapido became a unicorn with a $200 million funding round led by Westbridge at a $1.1 billion valuation.
With this funding, Rapido w