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India’s Slice becomes unicorn with $220M funding from Tiger Global, Insight Partners and Advent


Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30.
At just 28, Flipkart alum Bajaj has figured it out.

I turned 28 few weeks back. I want @sliceit_ to become a Unicorn before I get to 30
We could be valued at $100-150mn today
What is the one thing we need to do today to get there?
— Rajan Bajaj (@rajanbajaj_) January 7, 2021

Slice, which was valued at under $200 million in a financing round in June this year, has raised $220 million fundraise that values it at over $1 billion, the startup said on Monday.
Tiger Global and Insight Partners co-led the Bangalore-based startup’s Series B round. Private equity firm Advent International’s Sunley House Capital, Moore Strategic Ventures, Anfa, and existing investors Gunosy, Blume Ventures, and 8i also participated in it.
TechCrunch reported early last month that Tiger Global and Insight Global were in talks to back Slice. A source familiar with the matter told TechCrunch that the round could grow further to $250 million.
Slice has esta …

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