News > Priyanka Chopra-backed Bumble dating app attains valuation of $14 billion on market debut

Priyanka Chopra-backed Bumble dating app attains valuation of $14 billion on market debut

Sify | 12/02/2021 11:25 PM | Click to read full article

Bumble, the dating app where only women can make the first move, climbed 64% in its trading debut after its initial public offering was expanded to raise $2.15 billion. Bumble, which is marketed by stars like Priyanka Chopra and Serena Williams, is being valued at about $14 billion including debt.

Chief Executive Officer Whitney Wolfe Herd, at 31 is the youngest woman to take a large company public in the U.S. as CEO.