B2C e-commerce startups fastest to achieve unicorn status, says PwC India report1 min read . Updated: 11 Jan 2023, 11:45 AM IST
Across sectors, 21 startups entered the unicorn club in calendar year 2022, compared to 42 in 2021, amid a broader funding slowdown in the ecosystem
BENGALURU: E-commerce firms operating in the business-to-consumer (B2C) space are the quickest to churn out unicorns, while those in the online gaming and software-as-a-service (SaaS) industry take almost a decade to touch the $1 billion valuation mark, according to PwC’s CY22 Start-up Perspectives report.
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