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Fintech startup Slice turns unicorn after raising $220M led by Tiger Global, Insight Partners

Bengaluru-based fintech startup Sliceis the latest entrant into the unicorn club, with a five-fold jump in valuation to $1 billion within six months. 

The startup, which issues credit cards targeted at young professionals, raised $220 million in its Series B round led by New York-based investment firms Tiger Global and Insight Partners, said a statement.

Slice will utilise the capital to expand and strengthen its presence in the payments space, hire talent, and expand its product offerings. 

Foodtech startup Happy Ratio raises $150K from ah! Ventures

Foodtech startup Happy Ratio has raised $150K in its angel round from ah! Ventures Angel Platform. This is ah! Ventures’ 96th investment (in 76 Startups) taking its total investment portfolio to Rs 242 crore with 11 exits and 18 follow on rounds till date. With 33 investments in 2021 till date, ah! Ventures plans to do 40+ investments this year totalling to Rs 150+ crore.

According to the official statement, the proceeds will be deployed for launching a portfolio of All-In-Nutrition products, strengthening the marketing team, and acquiring more customers. The startup is looking to reach repeat sales of one crore a month within the next 18 months.