Tag Archives: Unicorn

The hype train has officially left the station. Did you see Victor Wembanyama? Did you see his baseline shimmy fadeaways? The high-flying flushes beckoning for a poster? The playmaking, the 3-pointers off the dribble — all at a listed 7-foot-3, with reason to believe the 18-year-old stands even larger. “Everybody has been a unicorn for the last two years, but he’s more like an alien,” LeBron James said Wednesday night from NBA preseason inside Las Vegas’ T-Mobile Arena, just north of… Source link

India has 100 unicorns now. The Bengaluru-headquartered neobank Open entered the coveted club on Monday with a new funding round, it said. The five-year-old startup did not disclose the size of its Series D funding, but a source familiar with the matter said it’s $50 million. The new round, which valued Open at $1 billion, was led by Mumbai-headquartered investment firm IIFL, the two said. Existing backers Tiger Global, Temasek and 3one4 Capital also participated… Source link

(Bloomberg) — Some of Southeast Asia’s old-money tycoons are boosting investment in technology startups, looking to ride a wave of surging valuations as they seek to counter the fallout of the pandemic on businesses ranging from retail to hospitality and manufacturing. Most Read from Bloomberg Holding companies, family investing arms and other vehicles of moguls from Thailand’s Dhanin Chearavanont to the Philippines’ Lance Gokongwei are either plowing millions of dollars directly into… Source link

(Bloomberg) — Glance, a mobile content platform from the founder of India’s earliest unicorn, has reached a valuation of over $1 billion after completing a funding round that was led by Google, according to people with knowledge of the matter. The Alphabet Inc. unit and billionaire Peter Thiel’s Mithril Capital invested $145 million in the 18-month-old startup, whose app uses artificial intelligence to curate a personalized feed of entertainment, news, sports scores and video game… Source link