Tag: unicorn

NEW DELHI: After a hiatus of almost a year, India has finally added a new unicorn. Mumbai-based quick commerce startup Zepto, founded by Stanford University dropouts Aadit Palicha and Kaivalya Vohra, has bagged afresh $200 million (around Rs 1,653 crore) in funding led by new investor StepStoneGroup at a valuation of $1.4 billion, becoming the first unicorn of 2023.The investment comes at a time when the broader startup ecosystem is navigating through a funding winter with startup funding having dipped to $3.8 billion in the first half of...