MUMBAI: Fintech startup Moneyview has turned unicorn after bagging about Rs 38.6 crore ($4.6 million) in contemporary funding from Accel and Nexus Enterprise Companions, the corporate’s RoC filings sourced from market intelligence platform The Kredible confirmed.
The funding values the Bengaluru-based agency at about $1.2 billion, sources mentioned. Moneyview declined to remark.In its final spherical in Dec 2022, the corporate had raised $75 million from buyers at a valuation of $900 million.
After greater than a yr of a funding hunch, investments within the startup house are gaining tempo with enterprise capital funds chopping cheques for corporations throughout sectors and sizes. Fast commerce agency Zepto has raised this yr’s largest startup funding to date, bagging a complete of $1 billion from buyers at a valuation of $5 billion.
The funding values the Bengaluru-based agency at about $1.2 billion, sources mentioned. Moneyview declined to remark.In its final spherical in Dec 2022, the corporate had raised $75 million from buyers at a valuation of $900 million.
After greater than a yr of a funding hunch, investments within the startup house are gaining tempo with enterprise capital funds chopping cheques for corporations throughout sectors and sizes. Fast commerce agency Zepto has raised this yr’s largest startup funding to date, bagging a complete of $1 billion from buyers at a valuation of $5 billion.
Moneyview joins Krutrim, Perfios, Porter, Rapido, and Ather to turn out to be the sixth unicorn this yr. This compares with simply two unicorns that India minted in 2023. Porter is known to have turned unicorn in an inner spherical, though the corporate hasn’t commented on the event but.
Backed by a sequence of buyers together with Tiger International, Moneyview gives private loans and private finance administration options to customers. In a separate assertion on Thursday, Moneyview mentioned that it has acquired Jify.co, a platform which permits staff to entry their earnings on demand.
