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Too late for many unicorns to make profits: A91 Partners' Pandey
short by Mansi Agarwal / on Friday, 2 June, 2023
Investment firm A91 Partners' General Partner Abhay Pandey said it might be "too late" for many Indian unicorns to generate real profits as they've become big and it's not "easy to turn the ship around". Their aim to break even isn't enough, Pandey stated. "Breakeven is still zero, you need to...generate real margins...and that's a very long road," he added.
read more at Moneycontrol