ET Prime Unicorn 100: Growth slowed for India’s leading startups

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Visualisation by Sadhana Saxena via AI

Synopsis

A snapshot of unicorn financials for FY24, the latest available, points to challenges. While IPOs open growth avenues for financially strong New Age ventures, long funding slowdown is beginning to show its impact on several billion-dollar startups.

The third edition of ET Prime Unicorn 100, a definitive list on India’s strongest startups, reveals a heightened focus on financial sustainability, as several of them are looking to go public and some others are facing capital crunch due to tepid late-stage…



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ET Prime Unicorn 100: Growth slowed for India’s leading startups


Visualisation by Sadhana Saxena via AI

Synopsis

A snapshot of unicorn financials for FY24, the latest available, points to challenges. While IPOs open growth avenues for financially strong New Age ventures, long funding slowdown is beginning to show its impact on several billion-dollar startups.

The third edition of ET Prime Unicorn 100, a definitive list on India’s strongest startups, reveals a heightened focus on financial sustainability, as several of them are looking to go public and some others are facing capital crunch due to tepid late-stage…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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