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

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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…

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