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Dunzo, Jar, Koo among 25 startups dropped from Hurun India Future Unicorn Index

YourStory · 10m

A total of 25 potential unicorns have been removed from the Hurun India Future Unicorn Index due to a lack of funding in India's startup ecosystem. Some companies were removed as they had already achieved unicorn status, while others were dropped due to declining valuations. The index now features 152 future unicorns from various cities in India, with a focus on software and services. The report also highlights the growth potential of sectors like aerospace, AI, and EV/renewable energy. Despite economic challenges, companies in the index saw significant revenue growth and profitability in FY23.