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Moneyview, a Bengaluru-based startup, has achieved unicorn status with a valuation of $1.2 billion. This makes it the sixth Indian startup to reach a billion-dollar valuation in 2024 and the sixth from Bengaluru this year. The company is in talks to acquire Jify, an employee benefit startup, through a share swap deal. Jify's existing investors, Accel India and Nexus Venture Partners, will be allotted shares of Moneyview at the $1.2 billion valuation.
🚨 Bengaluru-based startup 'Moneyview' has turned unicorn ($1 billion valuation). 🦄 6th unicorn from India in 2024. 6th unicorn from Bengaluru in 2024. The dominance of Bengaluru in startups and unicorns. https://t.co/gELVTMVGzw
📢Moneyview Turns Unicorn ➡️6th Indian startup to achieve billion-dollar valuation in 2024 ➡️To acquire earned wage access platform—Jify—in a share swap deal ➡️@Accel_India & @NexusVP—Jify's existing investors—allotted @mymoneyview's shares at $1.2Bn valuation… https://t.co/EJiLM9wvgR
📢Moneyview Turns Unicorn ➡️6th Indian startup to achieve billion-dollar valuation in 2024 ➡️To acquire earned wage access platform—Jify—in share swap deal ➡️@Accel_India & @NexusVP—Jify's existing investors—allotted @mymoneyview's shares at $1.2Bn valuation @CNBCTV18News https://t.co/7aefxV0mBE
