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

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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 ......