Question

Recently which of the following firm became India's 103rd unicorn?

A LeadSquared Correct Answer Incorrect Answer
B Physics Wallah Correct Answer Incorrect Answer
C Mesho Correct Answer Incorrect Answer
D Neobank Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

Sales automation software-as-a-service (SaaS) platform LeadSquared has raised $153 million in a Series C funding round from WestBridge Capital to become a new unicorn (valuation of $1 billion and above) in the country. It has become India’s 103rd unicorn. 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
×
×