Business StandardMay 5, 2022How sustainable are Indian unicorns' business models?If there was one theme in the startup ecosystem that dominated 2021, it was unicorns! After all, 2021 saw the rise and rise of India’s start-ups with the unicorn-base doubling. Out of India’s 90 unicorns at the beginning of 2022, about 46 had emerged in 2021 itself.“The unicorn wave in India is still going strong: one unicorn has been added every five days within the first two months of 2022, and India is expected to have 100+ new unicorns in 2022” - HDFC Securities reportRead more at Business Standards
If there was one theme in the startup ecosystem that dominated 2021, it was unicorns! After all, 2021 saw the rise and rise of India’s start-ups with the unicorn-base doubling. Out of India’s 90 unicorns at the beginning of 2022, about 46 had emerged in 2021 itself.“The unicorn wave in India is still going strong: one unicorn has been added every five days within the first two months of 2022, and India is expected to have 100+ new unicorns in 2022” - HDFC Securities reportRead more at Business Standards
