High single-digit EBITDA will be required for startups planning initial public offerings, says Sequoia India Managing Director Rajan Anandan
Nakuri.com founder Sanjeev Bikhchandani even suggested that founders take large pay cuts in order to achieve profitability quickly.
OfBusiness and Infra.Market were the only two unicorns having a profit of more than Rs 100 crore for FY22