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India to have 100 unicorns by 2025 despite covid: TiE report

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NEW DELHI : India is on a path to have 100 unicorns by 2025, despite the impact that the covid-19 pandemic has had on the Indian start-up ecosystem.

There was a dip in overall funding by 50% during the lockdown as compared to pre-covid levels, around 40% start-ups were negatively impacted, and 15% of Indian startups were forced to discontinue operations due to the pandemic.

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