India mints only four unicorns in Q2 vs 15 in Q1 as funding declines

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With a funding winter looming large on India’s startup ecosystem, a lot of companies that were earlier nearing the coveted ‘unicorn’ mark may now have to wait longer.

Take the second quarter of this year for instance. Only a handful of four startups in India made it to the list, thereby achieving a valuation of over $1 billion from new economy sectors, shows proprietary data compiled by DealStreetAsia.

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