Tag: Kunal Shah

India’s Zetwerk valued at $1.33 billion in new funding

An Indian startup that operates a business-to-business marketplace for manufacturing items is the latest to attain the coveted unicorn status in the South Asian market. Bangalore-based Zetwerk said on Monday it has raised $150 million in a Series E financing round led by New York based D1 Capital Partners. New…

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Indian bike taxi service Rapido raises $52 million

Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C —…

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India’s CRED raises $81 million, buys back shares worth $1.2 million from employees

Bangalore-based CRED is kickstarting the new year on a high note. The two-year-old startup, led by high-profile entrepreneur Kunal Shah, said on Monday it has raised $81 million in a new financing round and bought shares worth $1.2 million (about 90 million Indian rupees) from employees. The Series C financing…

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