Which of the following startup of India became 100th unicorn startup?
The five-year-old Bengaluru-based neobank raised $50 mn in a Series D funding round from IIFL, Singaporean state holding company Temasek, American investment firm Tiger Global and another Indian firm 3one4 Capital. This helped its valuation cross the $1 bn mark. The funding comes just six months after Google, Temasek, Visa, and Japan’s SoftBank invested $100 million in the neobank startup. This funding signifies the enthusiasm in the Indian startup ecosystem, which is the world’s third-largest according to Economic Survey, 2021-22. India overtook the UK to reach the spot after the US and China, which added 487 and 301 unicorns respectively, according to Economic Survey, 2021-22. As of January 2022, a record 44 Indian startups achieved unicorn status which took the overall tally of startup unicorns to 83. With a total valuation of $277.77 billion, most of them are in the services sector, contributing over 50% to India’s GDP, according to the economic survey. Unicorns are those companies which have over $1 billion valuation. The startup is set to launch three new products in the SME lending space such as a revenue-based financing product for ecommerce businesses ‘Open Flo’, an early settlement credit offering ‘Open Settl’, and working capital lending offering for SMEs ‘Open Capital’. Open, founded by Anish Achuthan, Mabel Chacko and Ajeesh Achuthan, claims to power over 2.3 million SMEs with over $30 billion in annualised transactions working towards automating business finances for small and medium firms.
IGKVR-1 (Rajeshwari) is a variety of
The transfer of pollens from the stamen to the stigma of the same flower or the stigma of another flower on same plant or to the stigma of flower of any...
Which of the following states in India provide maximum oil palm production?
The first KVK was established in 1974 at Pondicherry under which university?
______ is the only country which grows all the four species of cultivated cotton i.e.
Gossypium arboreum and G. herbaceum (Asiatic cotton), G. ba...
_______is a geographical area of land defined by natural topographic features, such as hills, mountains, and ridges, that collects and channels all the...
Which of the following techniques is used to cut DNA at specific sequences?
non-chitinous layer of insect integument is
Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY) Fixed pension of Rs. _____ on attaining the age of 60 years.
Pest population at a damaging level?