Indian unicorns born in 2021 burnt over Rs 3,000 cr in cash during FY20

Fifteen of the 27 startups that turned unicorns this year reported an aggregate net loss of over Rs 3,300 crore ($450 million) and net sales of about Rs 5,500 crore ($750 million) for FY20, the year before Covid-19 hit the economy.  One in three unicorns witnessed triple-digit net loss during the ......