Indiaโs 3rd unicorn of 2024
Porter quietly turns unicorn
Theyโve closed an internal round at $1 billion valuation
How many of you heard this startup name before this?
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Shuvodip Ray
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YouTubeย โขย 9m
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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Inactive
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BREAKING: Porter really delivered! ๐ฆ
โถ๏ธ Porter has become a unicorn after completing a fresh friends and family funding round.
โถ๏ธ This makes Porter the third unicorn this year, following AI startup Krutrim and B2B SaaS company Perfios.
โถ๏ธ In the
๐คฏ 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.๐ซก
The company scales digital-first consumer brands across categories like fashion, b
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!
Po
" 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
Ep : 1
" Tin Teegada Kaam Bana Dala "
Porter, third unicorn of this
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Mahendra Lochhab
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The combined valuation of all unicorn startups in India is reached $385 billion in 2024. 7 new startups became unicorns in India in 2024.
In 2024, six Indian startups achieved unicorn status, crossing the $1 billion valuation mark:
1. **Krutrim** - India's first AI unicorn, founded in 2023, secured $50 million in January.
2. **Ather Energy** - An electric two-wheeler manufacturer, bec
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Udyamee
Stealthย โขย 5m
Rapido has been a lifesaver โค๏ธ.
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