 "start up")
The valuations of unicorns such as Swiggy, Oyo, Paytm, and Ola have remained flat even after large fund-raising rounds. It seems the firms are focusing more on building robust unit economies and not following the growth-at-all-costs model, according to analysts and industry executives.
Food delivery platform Swiggy said on Wednesday it had raised $113 million as part of its Series-I funding. Swiggy’s valuation was around $3.3 billion when it raised its previous $1-billion funding in December 2018. According to Paper.vc's calculations, Swiggy's valuation after the latest fund-raising would be around $3.4 billion.
“We are seeing a lag in
Food delivery platform Swiggy said on Wednesday it had raised $113 million as part of its Series-I funding. Swiggy’s valuation was around $3.3 billion when it raised its previous $1-billion funding in December 2018. According to Paper.vc's calculations, Swiggy's valuation after the latest fund-raising would be around $3.4 billion.
“We are seeing a lag in
