You know about UNICORN 🦄 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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Cred is in talks to raise $75 million from existing investors, including GIC, RTP Global, and Sofina, at a valuation of $3.5 billion, which is a significant decrease from its previous valuation of $6.4 billion.
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