12 Indian startups no longer unicorns after valuations dip under $1 billion
At least 12 Indian startups, such as Unacademy, have seen their valuations fall below the $1 billion mark, causing them to lose their unicorn status. The list also features Byju's, PharmEasy, Snapdeal, Quikr, Paytm Mall, Hike, ShopClues, Rivigo, Droom, DealShare, and MyGlamm. Currently, investors are shifting their focus toward achieving profitability, better unit economics, and sustainable growth rather than pursuing rapid expansion.
by shortkt.com✓