Apna

Six AI training centres are being set up in North Mumbai, alongside a proposed AI Innovation Hub.

Apna achieved unicorn status in 2021 after raising US$100 million led by Tiger Global Management.

Edtech firm Teachmint acquires Teachmore, Pine Labs partners with AU Small Finance Bank, and other news.

Also, the country’s youngest unicorn Apna posts a 3.2x jump in FYE 2021 revenue, and peer-lending firm Finzy banks US$2 million in fresh funds.

Starting 2022, Apna will venture into newer markets such as the US, Southeast Asia, West Asia, and Africa.

If Apna is successful securing the funds, it will be the youngest Indian startup to enter the unicorn club, reported Techcrunch.

The round pushes Apna’s valuation to around US$570 million.

The startup plans to strengthen its presence in its existing markets and expand into new geographies, among other efforts.

Apna plans to use the new funds to expand to more cities, hire talent, and broaden its user community.