5ire has become the fastest blockchain startup from India to turn unicorn, after raising $100 million in its Series A funding round. What's more, it has achieved this feat without clocking any revenue!
UK-based conglomerate SRAM & MRAM led the investment, valuing the startup at $1.5 billion.
5ire offers a blockchain ecosystem to help businesses and government agencies meet United Nation's sustainability goals. To understand how 5ire entered the billion-dollar club without bringing in any revenue, CNBC-TV18 spoke to its founder and CEO Pratik Gauri.
Also, Chetan Walunj, Founder & CEO of Repos Energy, spoke about the launch of their new products — an organic waste-powered "mobile electric charging vehicle" and a fintech platform, Repos Pay.
Moreover, watch how agri-tech startups are empowering the Indian farmer.
Watch video for more.