Indian unicorns Flipkart, Snapdeal and Ola have spawned 700 startups

India’s 12 unicorns, including MakeMyTrip and Naukri (both from an earlier generation), and Myntra (acquired by Flipkart), have created a mini-army of entrepreneurs that has gone on to found 700 companies, highlighting the role of these firms in shaping the start-up ecosystem.

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