7 Startup Soonicorns That Reported The Biggest Losses in FY23

[{"selector":"#anim-01d459d9-02dc-418e-b32a-74a78d0e01f7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-14a9e407-a6f5-4237-99d3-5d953974d1c2","keyframes":{"transform":["translate3d(-122.04545%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7ccd389-ea24-4ceb-b0d6-a8d59f6fab8c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Ather Energy

[{"selector":"#anim-6c408d19-851d-46bd-a025-e28d848923cd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(30.374198208569762%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ed7a225e-3f5d-43ca-a45c-1f14f7bb5274","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e1904387-d2b8-493f-948f-182b8a41f019","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5f4bfba-2f98-4fb7-98ef-ea6f12ecf9c1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-46c64e59-ea5c-4a74-8fa5-c371ada7f17c","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75cb17ea-a6e3-4ca1-aece-45e152669ad8","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1755ede5-2789-4d26-83f2-325ac2f51387","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-f4feec98-78a7-4df7-86af-678c2cd37903","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

DeHaat

[{"selector":"#anim-ba2a0454-8cf7-4bc7-a5e9-208dba1e99d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-48.54835480494068%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0b18700d-0233-4ba0-a954-e86858affba7","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-932fa3cb-c669-4f6b-a0df-e3f1954cf38f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a7ca93d2-a606-416a-895e-b89781f82490","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-663291c2-5aca-45f5-98dd-dd1003524b92","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9c5bc6cd-0900-42f9-9577-859c13f61788","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9f0049d-3784-432c-9817-9ea7a175ebd1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-25e9b0b5-07d5-4724-a788-e7d540bd8522","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Rapido

[{"selector":"#anim-08eed846-a7fd-4945-b115-1d2f9cc17b58 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.072916790037794%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a5144629-9635-4a8b-8fde-40fbd9eea3e4","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11855390-5681-49ec-853b-742a387e1c29","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58c035a3-4fb4-4104-8429-aea7e8bd2e8a","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-35f83e16-b218-4638-ba8b-f1e0ec08ebfd","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-101c12d0-f02b-4323-a859-5d96ba9eea5d","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aee03585-5044-40b4-9f69-7c5857ce18e6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-dd78a96a-cfb0-45b2-822a-3639b3e9837e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Bira 91

[{"selector":"#anim-abb6c8e7-8fb0-4c2e-9553-b987b2b7d23e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.072916790037794%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-80e48601-35a0-491c-84c5-7f3edb7ab57f","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6d11d81b-6a38-4742-a24d-a205880dea4b","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4cc58c95-4c30-4560-9c6c-5007c1976197","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-ebfd0b25-c996-44f0-88c8-d6e2fa619ac8","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8834d77-7e5d-4e95-80d2-4b3b9f335dc7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3659d79e-516e-4959-9aa4-791e0a0916b5","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-8a70d09d-0adc-4a51-af71-40482fbb7c04","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Whatfix

[{"selector":"#anim-6952c399-9c2a-428f-ad3c-336a4f49839e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.072916790037794%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-4e081993-327f-4bde-9fb6-7b2362425ac9","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06eaad15-b794-40b3-a2df-93a77af863e7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-693d246f-824d-40bd-bb51-e81f1816e22f","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-17fcdc71-da67-4c87-933c-82a2826476b7","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96da48dd-738d-4f06-ae77-3f0b5b9e8086","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99f04851-ed28-41d7-a171-2b88dfac3797","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-fe020b20-df0a-4995-9336-a254ebdd5370","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Jupiter

[{"selector":"#anim-42288fbd-a3bc-4905-9224-4b572b2c7e9a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.08914285965182%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d72150de-2cb4-432b-b715-0ad91751de4d","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-20055c76-7e9c-4e76-b145-41bc9fa5aa36","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d3699d68-eecc-4065-8a22-e3021dbefdce","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-db4b49dd-11ca-47ae-a426-f4b5800c9f90","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e8df542-6546-4d8d-99b8-90484808708a","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8350dbf9-ecce-4974-b6dd-12b54d80cbdb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-102909e5-b545-42fa-8269-034152c5d488","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Ninjacart

[{"selector":"#anim-f571a310-e3bd-4171-a4ff-fb5b1ad69639 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-49.072916790037794%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4500,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-03af6677-d1cf-4622-a6f4-5860ebcb3671","keyframes":{"transform":["translate3d(-141.81819%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9739710a-08f8-4358-88c7-0d88088f5315","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b80ead2-559c-4823-b5e6-2cb12095d420","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-931691cc-8df4-46a5-9144-db7e77d4fdf3","keyframes":{"transform":["translate3d(142.27273%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b2605f6-9a69-46ca-83bf-fed3d97b506c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89fcf31e-1035-4891-8b96-7dfc892ea5e7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-8da2de06-67a9-45fb-a3cc-b8a7caf6ec4e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Explore the Unicorns Of Tomorrow Decoding India’s Soonicorn Landscape Report, 2024

[{"selector":"#anim-13047b79-4ce4-40b3-ba50-806b9876929e","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0dce47f9-a7a7-4e58-9a8d-c2980466490b","keyframes":{"transform":["translate3d(-121.59092%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7a9bf608-e259-4aa8-b6f3-3163165aca16","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Unicorns Of Tomorrow Decoding India’s Soonicorn Landscape Report, 2024

[{"selector":"#anim-ec7bf8f8-7571-42f3-9fc4-f0407034c29d","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9475d75f-89b8-4b59-a3e7-4b1891e830b2","keyframes":{"transform":["translate3d(-121.59092%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4906fb8c-e49a-4633-90dc-b8740a8df574","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn More!

7 Startup Soonicorns That Reported The Biggest Losses in FY23

Ather Energy

Valuation: $270 Mn

FY23 Loss: $108.1 Mn

DeHaat

Valuation: $500 Mn

FY23 Loss: $137 Mn

Rapido

Valuation: $140 Mn

FY23 Loss: $84.3 Mn

Bira 91

Valuation: NA

FY23 Loss: $55.7 Mn

Whatfix

Valuation: $600 Mn

FY23 Loss: $41 Mn

Jupiter

Valuation: $711 Mn

FY23 Loss: $40.9 Mn

Ninjacart

Valuation: $750 Mn

FY23 Loss: $40.8 Mn

Explore the Unicorns Of Tomorrow Decoding India’s Soonicorn Landscape Report, 2024

Unicorns Of Tomorrow Decoding India’s Soonicorn Landscape Report, 2024