News #Unicorn

African e-commerce group Jumia Technologies was left with just $367,000 of total equity at the end of June, before a $50m injection anchored by the International Finance Corporation

Travel agency Fora announced a $60 million Series D round led by Forerunner and Tactile Ventures, valuing the company at $1 billion.

Real estate and mortgage platform Square Yards has entered the unicorn club after raising around $95 million in a funding round comprising a mix of debt and equity.

Digital payments unicorn Razorpay has reportedly begun preparations for an initial public offering (IPO) and is looking to raise up to Rs 4,500 crore.