May 1, 2021

India is churning out billion-dollar startups. Now they need to start making money

Posted by in categories: biotech/medical, economics

The mood a year later is very different, despite a brutal surge in coronavirus cases that is threatening the economic recovery. India’s startup community has found itself in an unprecedented funding bonanza.

In the first four months of 2021, 11 startups have attained unicorn status, meaning they’ve reached a valuation of at least $1 billion.

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