Entrepreneur News Network

How Astrotalk Became a $1 Billion Unicorn Without Raising Fresh Capital

Astrotalk

Astrotalk, an astrology and spiritual-commerce app, is now worth $1 billion. It got there without taking a single rupee from a new investor. On August 12, the Noida-based company told Entrackr and YourStory it had crossed unicorn status through an ESOP buyback — more than 100 employees selling a slice of their shares back to … Read more

In Its Latest Funding Round, Cars24 May Reach A Usd 3 Valuation

Cars24

According to media sources, Cars24, an online marketplace for selling used automobiles, is in advanced talks to raise a $250-300 million fundraising round led by its existing backer Falcon Edge. Vikram Chopra, Mehul Agrawal, Ruchit Agarwal, and Gajendra Jangid founded Cars24 in 2015, and it became a unicorn last year after a $200 million fundraising … Read more