Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30.
Slice, which was valued at under $200 million in a financing round in June this year, has raised $220 million that values it at over $1 billion, the startup said on Monday.
Tiger Global and Insight Partners co-led the Bangalore-based startup’s Series B round. Private equity firm Advent International’s Sunley House Capital, Moore Strategic Ventures, Anfa, and existing investors Gunosy, Blume Ventures, and 8i also participated in it.
TechCrunch reported early last month that Tiger Global and Insight Partners were in talks to back Slice. The round could further grow to $250 million, a source familiar with the matter said.
Read more/Source: Tech Crunch
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.