Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Logistics startup Porter turns unicorn
short by Pragya Swastik / on Thursday, 16 May, 2024
Tiger Global-backed logistics startup Porter has become a unicorn after completing a fresh friends and family round, Moneycontrol reported. Individuals bought shares from the employee stock ownership plan (ESOP) pool at a valuation of $1 billion. Porter is the third Indian startup to turn unicorn this year after Ola's Bhavish Aggarwal's AI startup Krutrim and B2B SaaS fintech company Perfios.
read more at Moneycontrol