Slice raises ₹950 crore, valuation drops 68% from peak: Report

Banking startup Slice has raised $100 million (₹950 crore) at a valuation of about $450 million (₹13,300 crore), marking a 68% decline from its $1.4 billion peak valuation, Moneycontrol reported. The funding round was led by Indian wealth platform Neo Wealth, with Japan's Kado Global and US-based Moore Strategic Ventures also participating. Slice had become a unicorn in 2021.