Not a day seems to pass without a unicorn being created. Every day we see reports of a startup with a valuation exceeding a billion dollars getting funding. Neelkanth Mishra of Credit Suisse has written a very interesting report on the startup ecosystem, outlining the case for why India actually has over 100 unicorns, and why the ecosystem is coming of age today. He lays out the conditions facilitating funding and new company creation and why this is a huge positive.
What is now clear is that the vast majority of the tech-enabled, disruptive unicorns are targeting an IPO over the
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