Unicorns: Time To $1 Billion Club

Indian start-ups have hit a purple patch during 2021, with 33 of them becoming unicorns (valued at $1 billion or more). While that is great, it takes between 6-8 years for an Indian start-up to become a unicorn. That will soon be history as the timeframe is all set to come down sharply as private equity and venture capital funding has come to the fore. Also, now there are many more start-ups.