Stripe is looking to use the funds to expand their European business and focus on their European HeadQuarters. It is looking to bolster its treasury network and global payments as well. The funding round was backed by the likes of Allianz X fund, Axa, both from the insurance world as well as Baillie Gifford, Fidelity, Sequoia and Investors from Ireland, namely Ireland's National Treasury Management Agency.
ESB, an Indonesian based company has just raised US$3 million in a series A funding. This funding round was led by Beenext, AC Ventures and Skystar Capital. ESB is looking to use part of its latest round of funding to onboard suppliers for their B2B supply chain. During the Lockdown of last year, ESB launched a delivery platform that helped companies offer contactless dining and deliver independently. They completely outmatched their competition by competitively pricing their offering. The platform became the buzz when it onboarded 20 Million annual orders for customers within just 6 months.

Credit Suisse reports that India has 100 startup unicorns and not just the often mentioned number of 30-35. The report states that over 60% of these companies were started after 2005. These unicorns cover various sectors however, SaaS companies though classified as non-conventional companies, are ranked as some of the fastest growing industries in the country.