Funding Friday: 2019 Gets Its First Unicorn & Paytm Money Raises Funding From Its Parent Stay tuned to get every day updates in 60 seconds

By Mohit Sabharwal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

  1. The year 2019 finally has its first unicorn. Delhivery, a Gurugram-based logistics startup has raised $395 million in its Series F round from the Softbank group. The logistics startup, with the latest round of funding is valued at $6 billion.
  2. Mumbai-based fintech startup Jai Kisan has raised $1.5 million in seed funding. The financial inclusion startup will use the funds to increase its lending and expand operations across India.
  3. Paytm Money has raised around 29 crore from its parent company One97 communications. The new funds shall help Paytm Money to upscale its operations aggressively.
  4. In a series B-round led by Accel, Service automation startup Zinier has raised $22 miilion in funding. The company would utilize the funds to expand its verticals globally.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Mohit Sabharwal

Former Senior Correspondent, Entrepreneur India Magazine

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

How Meta Generated $32 Billion in Ad Revenue Last Quarter — and How You Can Create Million-Dollar Weekends Using the Same Strategies

Meta's staggering $32 billion quarterly ad revenue isn't just about size; it's about strategy, systems and execution as well.

Business News

'I Want the Best People on Our Teams': Meta Is Laying Off More Than 3,000, CEO Mark Zuckerberg Calls for 'Extensive Performance-Based Cuts' — Read the Memo

In an internal memo shared on Tuesday, Zuckerberg said it's "going to be an intense year" at the company.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.