This startup transforms the unicorn without generating revenue


5ire has become the fastest Indian blockchain startup to become a unicorn, having raised $100 million in its Series A funding round. What’s more, it achieved this feat without registering any revenue!

British conglomerate SRAM & MRAM led the investment, valuing the startup at $1.5 billion.

5ire offers a blockchain ecosystem to help businesses and government agencies achieve the United Nations Sustainable Development Goals. To understand how 5ire entered the billion dollar club without generating revenue, CNBC-TV18 spoke with its founder and CEO Pratik Gauri.

Additionally, Chetan Walunj, Founder and CEO of Repos Energy, spoke about the launch of their new products – a “mobile electric charging vehicle” powered by organic waste and a fintech platform, Repos Pay.

Plus, watch how agri-tech startups are empowering the Indian farmer.

Watch the video to learn more.

cnbctv18-forexlive-benzinga -Sp

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button