Dhan’s unicorn fundraise; IT’s flat Q2

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Happy Monday! Stock-trading startup Dhan has raised $120 million at a unicorn valuation. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ D2C startups chase profits
■ Experts on RBI’s new authentication
■ Urban Company’s latest foray


Dhan closes $120 million funding led by Horbill Capital, hits unicorn valuation

Pravin Jadhav

Pravin Jadhav, CEO, Dhan

Stock trading startup Dhan has entered unicorn territory after its parent, Raise Financial, secured $120 million (approximately Rs 1,000 crore) in a fresh funding round.

ET had first…



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Dhan’s unicorn fundraise; IT’s flat Q2


Happy Monday! Stock-trading startup Dhan has raised $120 million at a unicorn valuation. This and more in today’s ETtech Morning Dispatch.

Also in the letter:
■ D2C startups chase profits
■ Experts on RBI’s new authentication
■ Urban Company’s latest foray


Dhan closes $120 million funding led by Horbill Capital, hits unicorn valuation

Pravin Jadhav

Pravin Jadhav, CEO, Dhan

Stock trading startup Dhan has entered unicorn territory after its parent, Raise Financial, secured $120 million (approximately Rs 1,000 crore) in a fresh funding round.

ET had first…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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