126 leading startups in India have released FY23 financials

In a landscape teeming with buzzwords like disruption, innovation and scalability, the stark reality of numbers often tells a different story. A total of 126 Indian new-age tech companies reported a combined operating revenue of INR 2.82 Lakh Cr in FY23. Of the 126 companies, 90 incurred a combined loss of INR 64,327.7 Cr in FY23.