But… what if that number isn’t quite right?
When we dug into the data in the Indus Valley Report, we found something surprising:
🧮 The actual count might be closer to 91.
That’s 26 fewer than popularly believed.
Why?
📉 Some, like Hike, have shut down.
📉 Others, like Byju’s or Good Glamm, have seen valuation markdowns.
📉 A few are still navigating crises or investor pullbacks.
The unicorn tag may grab attention—but it’s time we look at the real health and durability of these startups.
🎥 Want to know which names are in, and which quietly dropped off the list?
Watch the Indus Valley Report explainer now.