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VCs and Angels have picked up investments in India [0], and as a result, as far as India is concerned, YC has missed out on Unicorns, though, Razorpay/Cleartax/Meesho could be Unicorns in time.

[0] https://trak.in/india-startup-funding-investment-2015/ (URL says 2015, but the data is latest)




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