Home Insight News & Update 9Unicorns Launches DDay 5, Over 20 Startups Expected To Secure $110 Mn

9Unicorns Launches DDay 5, Over 20 Startups Expected To Secure $110 Mn

9Unicorns Launches DDay 5, Over 20 Startups Expected To Secure $110 Mn
9Unicorns Launches DDay 5, Over 20 Startups Expected To Secure $110 Mn
9Unicorns Launches DDay 5, Over 20 Startups Expected To Secure $110 Mn

9Unicorns and Venture Catalysts will raise $110 million on this year’s global demo day. In front of more than 1.5K global investors, family offices, and venture capital funds, 20 startups from a variety of industries will pitch their revolutionary ideas. Previous DDay iterations have reportedly attracted over 70 participating companies, raising over $472 million in total, according to 9Unicorns.

Preceding more than 1.5K global investors, family offices, and venture capital funds, more than 20 startups from a variety of industries, including media and entertainment, e-commerce, energy, SaaS, fintech and financial services, consumer internet, and media and entertainment, will pitch their innovative ideas. Startups taking part in this event will have the chance to court international investors from the US, Dubai, London, and Singapore.

Established by Dr. Apoorva Ranjan Sharma, Anil Jain, Gaurav Jain, and Anuj Golecha, 9Unicorns is an early-stage startup accelerator fund located in Mumbai. It is committed to adding value to the startups in its portfolio, going above and beyond providing funding to support novice and seasoned founders as they build their next project and establish themselves as industry leaders. Across emerging industries in India and around the world, 9Unicorns has invested INR 880 Cr in early- and growth-stage startups to date. A number of startups have benefited from its support, including ShipRocket, Videoverse, Blusmart, Join Ventures, Leverage Edu, Zypp Electric, Rooter, and Ethereal Machines.

Here is the list of Unicorn company in India 2024.

Previous DDay editions have reportedly attracted over 70 participating companies, raising over $472 million in total, according to 9Unicorns. Additionally, more than 56 startups have gotten funding rounds from family offices and international investors. In past DDay events, over 3.2K unique investors participated in over 60 startup pitches.The Venture Catalysts (VCats) group, that is supported by over 10,000 angel investors, is India’s largest integrated incubator and angel fund, and 9Unicorns is its inaugural fund. Incubated and made investments in more than 400 companies since 2016, the group’s portfolio includes, among others, OYO Rooms, BharatPe, RentoMojo, FYND, Beardo, and Innov8.

Read also – [Funding alert] Kites Senior Care Secures Rs 45 Cr Series A Round

There have been exit opportunities and multi-bagger up rounds for over ninety-three of its portfolio companies, with multiples ranging from 3X to 80X.Beginning and growth the stage startups presented their business plans to 1.5K international and Indian investors on DDay
It featured promising portfolio startups like Vested Finance, LegalPay, ALYF, Numadic, and Leverage Edu that are making great strides.

About 9Unicorns

India’s First Accelerator VC is called 9Unicorns. The fund will invest in very early-stage startups and function specifically as an accelerator. By offering an initial capital of $100,000 along with additional committed capital for worthy portfolio companies, it seeks to upend idea-stage funding in India. Over 100 early-stage startups will receive funding from the accelerator VC in three years.

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