As per latest report only 67 Unicorn left which once was 100+
Can you name any ex-unicorn.
Unicorns turning into unicorpse? That's the reality of our startup ecosystem. BYJUs, Dunzo, Oyo, Ola, Cred, Udaan, Bharatpe, Hike, Rivigo - all are examples of this. "Sab Moh Maya hai" (Everything is an illusion). Now tell me, what's the next big bubble to burst?
Inc42 just released their Indian Tech Startup Funding Report H1 2024 - find it at tinyurl.com/24lr2s6c
As we dissect the data, several key trends emerge that paint a picture of an ecosystem in transition:
It’s been reported that Unicorn Gupshup has laid off around 290 employees under the guise of cost-cutting measures and rumoured a news of performance. This move follows unsuccessful attempts to secure funding, leaving the company in a ti...