Apna Fastest Indian Startup To Become A Unicorn After Raising $100 Mn At $1.1 Bn Valuation

Apna Fastest Indian Startup To Become A Unicorn After Raising $100 Mn At $1.1 Bn Valuation

SUMMARY

Owl Ventures, Insight Partners, Sequoia Capital, Maverick Ventures also infused capital in the startup at a valuation of $1.1 Bn

Apna becomes the fastest Indian startup to have entered the unicorn club within 2 years of its inception

The job marketplace aims to increase its footprint globally such as the US, South-East Asia, and Middle East and Africa, starting in 2022

As the Indian job market goes through a churn amid the digital transformation, Apna, a job marketplace for India’s blue-collar workers, has entered the unicorn club after raising $100 Mn in a Series C round led by Tiger Global, along with participation from Owl Ventures, Insight Partners, Sequoia Capital, Maverick Ventures and GSV Ventures, at a valuation of $1.1 Bn. 

Apna has become the fastest startup to enter the unicorn club within 2 years of its inception. Earlier, the record was held by Bhavish Aggarwal’s Ola Electric. Apna is now the 26th Indian startup to have entered the celebrated unicorn club this year, and overall the 68th Indian startup to have crossed the $1 Bn valuation.

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