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8 gazelles demoted to cheetahs , 9 out of Hurun Unicorn Index 2023

With the number of start-ups reaching the unicorn level falling drastically in 2023, the Hurun Unicorn Index said it has demoted eight gazelles - start-ups that were founded in 2000 and have the potential to go to unicorn in three years - to cheetahs.

8 gazelles demoted to cheetahs, 9 out of Hurun Unicorn Index 2023

Hurun Index: India's future unicorns are currently worth $57bn, with an increase of 16% as Compared to last year - mainly driven by addition of new future unicorns to the list

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