Q. Which start-up recently became the 100th unicorn of India?
Answer:
Open
Notes: Open, a neo-banking fin-tech portal recently raised capital to push up its value over a billlion dollars and became India’s 100th unicorn.
Open, a five-year-old Bengaluru-based neo-bank, raised USD 50 mn recently. Earlier, Google, Temasek, Visa, and Japan’s SoftBank invested USD 100 million in the startup. 14 Indian Startups entered the Unicorn Club In 2022 while 42 startups and 2 listed companies touched the billion-dollar valuation in 2021.