Livemint | 14 March 2024
Bengaluru: Many growth- and late-stage companies have managed to secure capital in quick succession over the last 6-8 months at higher valuations, indicating a shift in investor sentiment, favoring startups with clear paths to profitability and product-market fit.
Earlier this week, B2B fintech startup Perfios turned unicorn after raising $80 million from Teachers’ Venture Growth. The announcement came just six months after the company raised $229 million from Kedaara Capital in its Series D round in September. Others, include dairy-tech startup Country Delight, D2C backpack startup Mokobara, logistics provider Xpressbees and InsuranceDekho.