Indian unicorns hit $340 billion valuation in 2024 amid surge in IPOs, acquisitions: report
The report also noted that 29 unicorns were profitable in 2024, including companies like Zerodha, MakeMyTrip and InfoEdge. However, one-fifth of Indian unicorns are headquartered overseas. In 2024, India witnessed 327 IPOs, including 13 in the technology sector. The seven startups that achieved unicorn status during the year are Ather, Moneyview, Rapido, Perfios, Rategain, Krutrim and Porter.
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