3rd Unicorn 🦄 of 2024
After krutrim, perfios, Porter is the 3rd startup which has turned unicorn 🦄
It has solved some problem for sure unlike krutrim
I remember, when I moved to blr...it was a life saviour.
Such startups deserve to be an unicorn 🦄
This is the best way to raise money. Ask friends and family for money at 1B valuation.
Now, when investors ask for down-round, you can say, "I dont want to do disservice to my existing investors."
Funnily enough, 25Cr was sold to Friends and Family which means that an IPO can make them instant millionaires.
Haha @LazyReview I know friends and family round sounds that way. But they were at $700Mn valuation already, and probably have grown from that point. I know it's sus tho 👀
Another fellow Koramangala based company rocking it
I think they are based in BTM na?
Close to BTM, on Bannerghatta Road (maybe Jayanagar side)
Raised $3 million from friends and family at a valuation of $1 billion.
If not for the funding environment, they could have been a unicorn with a bigger VC funding.
Love Porter!
Love their services
They have saved me from delaying my final report submission 🫡
🔥🚀
