Rapido's massive $240 million Series E funding marks a pivotal moment for India's ride-hailing sector, minting a new unicorn. The deal signals a shift toward localized logistics and a zero-commission model that could disrupt the Uber-Ola duopoly.
HCLTech leads a massive $300 million round for Sarvam AI, valuing the startup at $1.5 billion. This landmark deal positions Sarvam as India's first pure-play generative AI unicorn building localized intelligence.
A massive $520 million funding surge and Skyroot's entry into the unicorn club have redefined India's tech landscape this May. From space-tech milestones to AI-driven healthcare acquisitions, the focus has shifted toward profitability and deep innovation.
Hyderabad-based Skyroot Aerospace hits a $1 billion valuation, becoming India's first space-tech unicorn after a $60 million GIC-led round. The milestone signals a new era for private orbital launches and India's growing dominance in the global DeepTech sector.
