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Funding gains steam with two big deals
Mint Mumbai
|November 25, 2024
Capital raised by startups in the week ended 22 November edged up, propelled by two big-ticket deals including another large cheque bagged by quick commerce unicorn Zepto.
In last week's largest deal, the unicorn, founded by Aadit Palicha and Kaivalya Vohra, bagged a $350 million cheque in a round led by Motilal Oswal Asset Management Co., with participation from Raamdeo Agrawal, the Taparia Family Office, Cello Family Office, Mankind Pharma Family Office, RP Sanjiv Goenka Group. It was reportedly valued at $5 billion for this round.
The funding comes barely two months after its last round of fundraising, when the unicorn secured $340 million in a round led by American investor General Catalyst.
Cette histoire est tirée de l'édition November 25, 2024 de Mint Mumbai.
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