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12 Oct 2024

60% of Indian unicorn founders achieved $1-billion valuation in maiden attempt: report

Late-stage investments in the July-September quarter totalled around $650 million, according to data from market intelligence firm 1Lattice. These were driven by the ecommerce and listing platform sectors including companies such as Zepto, hospitality startup Oyo, and omnichannel jewellery retailer Bluestone. A love of flight powers us. X This compares to $2.1 billion in late-stage funding during the April-June quarter, and $1.8 billion in January-March period, as per the Lattice report.

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