Underrated Funding News: Lal Sweets (mithai) raises $40Mn
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News Discussion on
by qwerty_
Zepto
Zepto becomes India's 1st 2023 unicorn
The timing of Zeptos fundraise is significant given the slump in investments into growth- and late-stage startups on the one hand and the co...
https://m.economictimes.com/tech/funding/unicorn-drought-ends-as-zepto-raises-200-million-at-1-4-billion-valuation-from-stepstone-goodwater/articleshow/103053527.cms
News Discussion on
by AgitatedPot
Zepto
Love Subko and great to see them raise $10Mn! But what's with so many investments in this space?
There's CCD (now falling). Starbucks toh hai hi. There's Blue Tokai and Third Wave (backed by capital). Recently Nexus funded abCoffee with $3.4Mn. How many coffee startups are gonna get funded? I think they're just seeing this as safe offline dhandha bets, nothing to lose, will likely open more stores and sell to the next buyer (PE or acquisition)
Following the funding, Subko's valuation has increased to $34 million. The startup said the newly raised capital will be utilised to strengt...
https://economictimes.indiatimes.com/tech/funding/specialty-coffee-startup-subko-secures-10-million-in-funding-led-by-zerodhas-nikhil-kamath/articleshow/108783425.cms