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Yash Barnwal

Stealth • 13d

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.

3 replies3 likes

Replies (3)

Anonymous 3

Stealth • 13d

Looks like Bengaluru is officially Unicorn Central of India.

0 replies

Anonymous 2

Stealth • 13d

All well and good but still a large percentage of startups still struggle to turn a profit, and valuations don’t always reflect sustainable growth like we have seen with byjus. one small wrong step every step of the way and look what happened

0 replies

Anonymous 1

Stealth • 13d

With so many unicorns and soonicorns emerging, the future looks bright for innovation and entrepreneurship. Lage raho bass.

0 replies

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