Unicorn tally flat as startups turn to IPOs

  • Posted on December 21, 2025
  • By Financial Express
  • 4 Views
Unicorn tally flat as startups turn to IPOs

Late-stage startups like Shadowfax and Smartworks are increasingly bypassing the $1 billion private valuation milestone in favor of earlier IPOs, signaling a mature era of capital discipline and realistic pricing aligned with public market benchmarks.
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Financial Express

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