unicorn

GlobalBees Joins Unicorn Club For its Thrasio-Like House of Brands

GlobalBees Joins Unicorn Club For its Thrasio-Like House of Brands

GlobalBees has joined the Unicorn club as the New Delhi headquarters firm to scale its Thrasio- like the house of Brands.  Prem Invest, the investment firm controlled by Indian tycoon Azim Premji, led the nine-month-old startup’s Series B financing round, the young firm disclosed in a regulatory filing. Steadview Capital and existing investors ━ SoftBank…

Indian Fintech Firm Razorpay Raises $375 Million; Valuation Gets Double

Indian Fintech Firm Razorpay Raises $375 Million; Valuation Gets Double

Indian fintech giant Razorpay has doubled its valuation from $3 billion in April to $7.5 billion to become India’s fastest-growing fintech firm. It raised $375 million in the first round of its series F funding, co-sponsor by hedge and private equity firms Lone Pine Capital, Alkeon Capital, and TCV. With this fundraise, the company’s value…

Byju’s Acquires US Edtech Company ‘Epic’ for $500 Million

Byju’s Acquires US Edtech Company ‘Epic’ for $500 Million

Bangalore | Education technology leader Byju’s has acquired US-based kids learning platform Epic for $500 million.  This is not the first time Byju’s has acquired a big education institution. In the past year, the company has acquired WhiteHatJr for $300million and Aakash Educational Services for nearly $1 billion. Byju also acquired US-based Osmo, an education…