SoftBank, Goldman Sachs mint unicorn in Indian commerce startup ElasticRun

SoftBank, Goldman Sachs mint unicorn in Indian commerce startup ElasticRun

2 years ago
Anonymous $CLERCuPQwa

https://techcrunch.com/2022/02/07/softbank-goldman-sachs-mint-unicorn-in-indian-commerce-startup-elasticrun/

SoftBank Vision Fund 2 has led a $300 million investment in ElasticRun as the Japanese conglomerate doubles down on its commerce bet in the world’s second largest internet market.

Goldman Sachs and existing investor Prosus Ventures also participated in the Pune-headquartered startup’s Series E round, according to regulatory filings ElasticRun made on Monday. The new round values ElasticRun at $1.5 billion.