City Firm has raised a recent $188 million (Rs 1,410.16 crore) in funding from a clutch of buyers led by Prosus Ventures (previously Naspers), in keeping with the corporate’s filings with the Registrar of Firms sourced from enterprise intelligence platform Tofler.
The funding is believed to have valued the practically seven-year outdated startup at near $2 billion, making it the most recent entrant to India’s unicorn membership. The corporate is believed to have hit a valuation of over $900 million August 2019 when it raised about $75 million in a spherical of funding led by Tiger International Administration. It didn’t touch upon the funding.
In all, the corporate has raised near $400 million from buyers. The most recent spherical additionally noticed participation from DF Worldwide Companions, Wellington Administration, Tiger International, Steadview Capital and Vy Capital.