Instacart has reportedly boosted its valuation by $2B after repeated cuts


For much of the last year, the recurring theme in startupland — particularly among bigger and more mature companies — has been valuation cuts.

Now one major startup believes its worth is headed in the opposite direction.

Instacart boosted its valuation from $10 billion to $12 billion as part of its latest internal review, The Information reported Sunday. The move by the San Francisco company came in response to its financial results from December to February and to the uptick in the share…

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