Only 17 of India’s 80 unicorns are profitable; there are currently 6 start-ups listed.

Top-earning businesses include Billdesk, Firstcry, Zerodha, Zoho, and a few others. A company valued at $1 billion or more is considered a unicorn.

According to market research platform Tracxn, India only has 17 profitable unicorn start-ups.

Start-up funding will continue to decline as global VCs hold $590 billion.