Happy Wednesday! Omnichannel jewellery startup Bluestone is nearing unicorn status with a potential $100-million pre-IPO investment. More on this in todays ETtech Morning Dispatch.
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Shiprocket closes $185 million funding led by Zomato, Temasek and Lightrock Shiprocket, a logistics aggregator, has raised $185 million (Rs 1,380 crore) in a Series E funding round co-led by , Singapore's sovereign wealth fund Temasek and Lightrock India, a senior company executive told ET. The company did not share the expected valuation after the
Bluestone is only the latest in the list of investments by Pai and Kamath, but this marks the growing pace at which they are signing new cheques at a time mid-to-large scale startups are finding it hard to score new funding.