Accelerator fund 9Unicorns charts aggressive investment plan for 2022 - Business Standard | Canada News Media
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Accelerator fund 9Unicorns charts aggressive investment plan for 2022 – Business Standard

Published

3 years ago

 on


Aims to invest in over 150 startups in 2022, with approx. investment of Rs 400cr

Topics
Startup | funding


Shivani Shinde  | 
Mumbai 

Last Updated at January 3, 2022 14:11 IST

Accelerator fund 9Unicorns is charting a much more aggressive investment year after closing 2021 on a high note. In 2021, the fund had a 3x increase in the number of deals at 101 deals as early-stage investments picked up pace in India. It invested in 32 deals in 2020, which was also the fund’s first year of operation.

For 2022, the fund intends to invest in 150 startups. During the year, 9Unicorns invested in 90-odd startups with a total round size of $465 million. On a standalone basis, 9Unicorns invested a total amount of $32 million. The $100 million fund, which is backed …

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First Published: Mon, January 03 2022. 14:11 IST

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October 16, 2024

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

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The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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6 days ago

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October 11, 2024

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

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The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Economy

S&P/TSX composite little changed in late-morning trading, U.S. stock markets down

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1 week ago

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October 10, 2024

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TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.

The S&P/TSX composite index was up 0.05 of a point at 24,224.95.

In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.

The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.

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This report by The Canadian Press was first published Oct. 10, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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