ETtech Deals Digest: One new unicorn, One big deal

Fintech startups continued to bag bigger rounds this week. Zeta became the latest Indian startup to join the coveted unicorn club with fresh funding from SoftBank. Meanwhile, Tata Digital has acquired a majority stake in online grocery BigBasket.

Zeta becomes 14th Indian unicorn this year

Zeta has secured $260 million in a round led by SoftBank’s Vision Fund 2 at a valuation of $1.45 billion, nearly five times of the $300 million it was valued at during its previous round in 2019.