📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    Recently which of the following mobile-first credit card

    firm, became the 104th unicorn in India?
    A Omni Card Correct Answer Incorrect Answer
    B Postpe Correct Answer Incorrect Answer
    C One Card Correct Answer Incorrect Answer
    D Slice Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    OneCard, a mobile-first credit card firm, became the 104th unicorn in India after it raised $100 million in a series D round of funding led by Temasek. The latest round by OneCard, owned by Pune-based FPL Technologies, also saw investment from existing investors such as QED, Sequoia Capital, and Hummigbird Ventures. Unicorn: In business, a unicorn is a privately held startup company valued at over US$1 billion. The term was first popularised in 2013 by venture capitalist Aileen Lee. Mobile advertising platform InMobi was the first unicorn of the country announced in 2011. Neobank Open was the 100th unicorn in the country announced in 2022. Physicswallah was the 101st unicorn in the country.

    Practice Next
    More Award Questions

    Relevant for Exams:

    ask-question