Softbank, Prosus, Goldman Lead $300M Funding In India’s Elasticrun
02/08/22, 12:46 PM
Money raised
$300 million
ElasticRun, an India and Southeast Asia-focused e-commerce logistics startup, has raised $300 million in a new funding round led by Japan’s SoftBank Group, Prosus Ventures and Goldman Sachs.
Company Info
Additional Info
With this, the Pune-based startup has become the sixth company to enter to the unicorn club (startups valued at $1 billion and above) this year after social commerce startup Dealshare, end-to-end enterprise HR software DarwinBox, edtech startup LEAD, artificial intelligence startup Fractal, and home interiors platform Livspace. In 2019, the startup had raised $40 million in its Series C round led by Prosus and Avataar.