3rd unicorn in 7 days: Mindtickle enters billion-dollar club

AI-based sales enablement startup Mindtickle became India’s latest unicorn after it raised $100 million led by SoftBank Vision Fund 2, with participation from Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures.
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It's raining unicorns! Three Indian startups have entered the coveted billion-dollar club in the last seven days.

AI-based sales enablement startup Mindtickle became India’s latest unicorn after it raised $100 million led by SoftBank Vision Fund 2, with participation from Norwest Venture Partners, Canaan, NewView Capital, and Qualcomm Ventures. 

This latest round of funding has more than doubled Mindtickle's valuation to $1.2 billion, making it the 20th Indian startup to turn unicorn this year.

Earlier this week, fintech startup BharatPe raised $370 million in a Series E round led by Tiger Global at a post-money valuation of $2.85 billion. Gurugram-based B2B startup OfBusiness entered the unicorn club last weekend after raising a $160 million round led by SoftBank's Vision Fund 2.

The funding momentum in the Indian startup ecosystem has surpassed all expectations. In July alone, the Indian startup ecosystem raised almost $10 billion (including a mega round of $3.6 billion raised by Flipkart), and added three new unicorns to its cap. This was almost equal to the total funding raised in the first six months of 2021, and more than the entire amount raised in 2020.

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Before you go, stay inspired with… 

“Revenue leaders understand that sales readiness is a mission-critical component of their strategy to consistently meet or exceed their goals.”

Krishna Depura, CEO and Co-founder, Mindtickle


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