Founded in 2017, Open is solving business banking challenges faced by SMEs and startups. It offers a business account in partnership with banks
On July 9, Ola announced that Temasek, Warburg Pincus and Aggarwal have invested USD 500 million (about Rs 3,733 crore), ahead of its proposed IPO.
The development indicates strong investor interest in the edtech space that has gained immensely from rapid digital adoption, especially during the pandemic.
Over the last 18 months, the valuation of the Unacademy Group has risen almost 10X, one of the fastest growth rates witnessed by a mid-stage consumer internet startup in India, the statement said.
Lenskart aims to leverage the deep expertise and network of Temasek and Falcon Edge in these respective geographies.