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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.
P, Q and R enter into a partnership by investing Rs.6500, Rs.7500 and Rs.6800 respectively. After 4 months, P invested Rs.1200 more and Q withdr...
"Ankita" invested Rs. 4,000 to launch a business. After ten months, "Vicky" joined him and contributed Rs.6000, while "Ankita" added another Rs.1000 to ...
‘A’ started a business with the investment of Rs. 10000. After ‘x’ months and after 3 months from starting ‘B’ and ‘C’, respectively, jo...
A man invests ₹50,000 in a business. After 2 years, he sells 30% of his stake for a 40% profit and reinvests the amount. After another year, he sells ...
A’, ‘B’ and ‘C’ started a business by investing Rs. 8,000, Rs. 9,500, and Rs. 7,500, respectively such that ‘B’ invested for 2 months more...
'A' and 'B' form a partnership with an initial investment of Rs. 2400 and Rs. 8a. After 6 months, 'A' takes out Rs. 400 from his original investment, an...
‘M’ started a business with an investment of Rs. 3000. After 8 months ‘N’ joins the business with an investment of Rs. 2500. If the total profit...
A and B started a business by investing sum in the ratio 4:7 respectively for 6 and 8 months respectively. If annual profit earned by B is Rs.2100, then...
In a business, A invested Rs. 1500 more than that by B. After 10 months, A left the business. If at the end of the year, profit earned by B is equal to ...
A and B together start a business with investment of Rs. 2200 and Rs. (x + 500), respectively. If the profit earned after 5 years is Rs. 5000 and share ...
