Elasticrun Turns Unicorn After $330 Million Funding From Softbank, Prosus, Goldman Sachs
PRIVATEFeb 17, 2022
Amount Raised
$330 Million
Round Type
Funding Round
India
Description
Bengaluru: Business-to-business (B2B) ecommerce platform said on Thursday that it has closed a $330 million funding round led by SoftBank Vision Fund 2 and Goldman Sachs Asset Management. The latest round also saw participation from Chimera and Innoven along with long-term investor Prosus Ventures.
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Company Information
Company
Elastic Run
Location
India
About
With this, the Pune-based startup has become the sixth company to enter to the unicorn club (startups valued at $1 billion and above) this year after social commerce startup Dealshare, end-to-end enterprise HR software DarwinBox, edtech startup LEAD, artificial intelligence startup Fractal, and home interiors platform Livspace. In 2019, the startup had raised $40 million in its Series C round led by Prosus and Avataar.
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India