There were several important developments in the startup space during the day on Wednesday, which include Urban Company becomes 15th startup to turn Unicorn; B2B logistics optimisation firm Locus raises $50 million in Series C funding; Paytm’s share jumps in grey market post IPO news; report says Nykaa plans to go public at a valuation of $4.5 billion; former CEO & MD of HDFC Bank, Aditya Puri, joins board of medicine delivery platform PharmEasy; Dunzo to pilot drone delivery of vaccines & medicines in Telangana; investment firm Egreens set up a fund for agritech startups; Twitter appoints interim grievance redressal officer; Amazon backs cannabis legalisation in the US; and Coinbase to allow users to use card via Apple, Google wallets. Here are the top stories from the startup universe.
Urban Company turns Unicorn
Tech-enabled home services marketplace, Urban Company joins the ‘Unicorn Club’ with $225 nillion Series F funding round. The Series F round was led by Prosus Ventures, Dragoneer and Wellington Management, with participation from Vy Capital, Tiger…
