A third of India’s unicorns are healthy, but others need huge capital infusion. Will they get it?

By Kevin Colleran On Jul 6, 2023

All is not bad with the financials of Indian unicorns. At least a quarter of the country’s 100 unicorns are profitable or nearly profitable, going by the financial numbers they have reported. Here is a glimpse of unicorns’ financials. Of about 80 unicorns which disclosed their FY22 financials, 13 have reported profits while 12 are on track to profitability. The financials of more than a dozen Indian unicorns, mostly US-registered enterprise IT

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