Hyderabad's Darwinbox Enters Unicorn Club, Becomes India's 84th Company
Hyderabad's software startup-company, Darwinbox, became India's 84th company to be added in the list of unicorn club with $72 million in funding round by TCV, which is also an investor in Netflix. Notably, Darwinbox has a value of $1 billion and is fourth startup of India to enter unicorn club in 2022. Founded in 2015 by Chaitanya Peddi, Darwinbox is a cloud, which provides end-to-end HR needs of companies.
Tags: Darwinbox, software, Startups, Hyderabad, Unicorn list company
Courtesy: Office Chai Team
'Droom' Raises $200 Mn From Funding, Becomes India's 17th Unicorn
Online automobile startup "Droom" has raised $200 million in pre-IPO funding, taking its valuation to $1.2 billion and registering itself as India's 17th unicorn company. Investors like "57 Stars" and "Seven Train Ventures", participated in the fund-raiser along with others. The company said that it will use the fund to grow its market all over Indian cities and to international markets eventually.
Tags: Indian Automobile Industry, Automakers, fundraiser, Technology, IPOs, Unicorn list company
Courtesy: The Economic Times