Katya Naidu04 Aug 2023, 08:00
The next three years will be testing times for unicorns, says Redseer, which sees a bleak future for around 20% of India’s unicorns. “They will likely struggle due to regulatory challenges, plummeting demands, and unclear business models. These could pivot to new models, get acquired by other companies or close for good,” said Rohan Agarwal, partner at Redseer.