India has about 100 unicorns, which includes names like Swiggy, Ola, Nykaa, etc., and 170 soonicorns, such as Ather Energy, SUGAR Cosmetics, Dunzo, and others. With the start-up ecosystem maturing in the last decade, the time taken to reach the $100 million-mark has decreased significantly to just five years now, a new report by Redseer Strategy Consultants said. As per the report, what took 18 years in 2000 to reach $100 million revenue has come down to five years.
From $0 to $100 mn valuation in 5 years: That’s how long Indian start-ups now take
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