VCs reload ahead of the election as unicorns power ahead – TechCrunch
This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. But past the headline-grabbing noise, there was a steady drumbeat of bullish news for unicorns, or private companies worth $1 billion or more. As was the report that “India’s Razorpay [became a] unicorn after its new $100 million funding round” that came out this week. It could be that investors are looking to lock in new funds before the election and whatever chaos may ensue. And while we’re in the fintech bucket, Stripe dropped $200 million this week for Nigerian startup Paystack.