![25 startups drop out of list, 3 turn unicorn](https://cdn.magzter.com/1547192204/1718909350/articles/SdAyXTxTqf8eievjNb8sys/25-STARTUPS-DROP-OUT-OF-LIST-3-TURN-UNICORN.jpg)
While three Indian startups, which had shown the potential of becoming unicorns when the index was last released, attained that status, as many as 25 dropped out of the list altogether. Among these were prominent ones like Rapido, Koo, Dunzo, Paper Boat, DotPe, Gaana and Park+.
The ASK Private Wealth Hurun India Future Unicorn Index 2024 tracks startups that can likely become unicorns, touching a valuation of $1 billion and above. Among those that did not disappoint were quick delivery startup Zepto, which gained unicorn status in August 2023, fintech firm InCred Finance (December 2023), and logistics platform Porter (May 2024). Ixigo, the fourth such startup, was removed from the race after it listed on the bourses on June 18.
This story is from the June 21, 2024 edition of Business Standard.
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This story is from the June 21, 2024 edition of Business Standard.
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