Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 38)
38.
Which company became India’s first unicorn of 2025 by surpassing a $1 billion valuation?
Answer: Option
Explanation:
Juspay, a Bengaluru-based fintech company specializing in payments infrastructure, became India’s first unicorn of 2025 after raising $60 million in a Series D funding round. The investment was led by Kedaara Capital, with additional participation from SoftBank and Accel. Despite falling short of its initial fundraising target of $150 million, Juspay’s valuation crossed the $1 billion mark. This milestone highlights the company’s growing influence in the fintech ecosystem and its strategic plans to invest in AI-driven solutions and expand globally. Juspay’s achievement also signals continued investor confidence in India's digital payments space.
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