Posts Tagged ‘unicorn’

Race to $1 bn: Which Indian startup was the fastest to get unicorn status?

Venture capital and private equity investors have pumped billions of dollars into the Indian startup ecosystem over the past few years, producing more than a dozen unicorns in the process. E-commerce venture Paytm Mall became the newest member of the unicorn club when it raised $445 million last month from Japanese behemoth SoftBank and Chinese […]

10 startups that became worth billions in less than 3 years

In the startup world, the odds of a company achieving a valuation of $1 billion or more is considered so slim, it’s named after a mythical beast — the unicorn. In the entire US, there are just 135 private companies that are valued at over a billion dollars or more. Of those, only ten became so-called unicorns […]

Study of 151 Chinese unicorns shows Beijing #1 city for startups

Most Chinese unicorns are located in large Tier 1 cities. Beijing is the outstanding leader with 66 unicorn companies, followed by Shanghai (with “only” 38 of them).  The most common industry in which Chinese unicorn companies operate is Internet services, followed by e-commerce and online finance. A significant amount of unicorns are young companies: 35% of them […]

Revolut is Europe’s newest unicorn after raising $250m

Challenger bank Revolut, which opened a Dublin office last year, has gained unicorn status after raising $250m in funding. The latest investment increases Revolut’s valuation by 500pc in a year to $1.7bn. The Series C round was led by Hong Kong-based DST Global as well as Silicon Valley investors Index Ventures and Ribbit Capital. Revolut is an […]