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

In the last two years, companies such as quick commerce platform Zepto, non-banking lender InCred, Ola founder Bhavish Aggarwal’s artificial intelligence startup Krutrim, and software-as-a-service (SaaS) fintech startup Perfios have attained a value of over $1 billion. In 2024, five startups -- Krutrim, Perfios, Rapido, electric scooter maker Ather Energy, and fintech lending startup Moneyview -- achieved unicorn status.