Only 23 of India's 100 unicorn startups are profitable: Report

Only 23 of the 100 unicorns (startups with a valuation of $1 billion or above) in India have achieved profitability for a financial year, Moneycontrol reported citing data from Tracxn Technologies. These startups have raised over $80 billion from investors to date, it added. The list of profitable unicorn startups includes Zerodha, Nykaa, Zoho, Lenskart, CoinSwitch Kuber, Mamaearth and Shiprocket.