New Delhi, Sept. 11 -- ASK Private Wealth and Hurun India have released their fifth 'Unicorn and Future Unicorn Report 2025' that ranks Indian startups founded in the 2000s, which are worth at least Rs.1,710 crore, and not yet listed on a public exchange.

The report categorises startups valued at $1 billion and more as unicorns, while those between $500 million-$1 billion are termed as 'gazelles', and companies valued between $200-500 million are 'cheetahs'. Notably, cheetahs are those with potential to go unicorn in five years, while gazelles could take three years to reach the billion dollar valuation, it added.

The report has ranked India's most valuable private equity or venture capital-funded startups according to their latest fund...