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Yash Barnwal

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The Indian startup ecosystem is thriving with 117 unicorns and 118 soonicorns as of 2023. Unicorns have raised over $101 billion in funding with a combined valuation of $353 billion, while soonicorns have raised $18 billion with a $35 billion valuation. The top sectors for both include fintech, e-commerce, and enterprise tech, with Bengaluru leading as a hub for unicorns and soonicorns. By 2025, India is projected to create 130 unicorns, having reached its 100th unicorn milestone in May 2022.

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