Start-ups: Does one participate?

The sky-high valuations are worrying, but can investors just ignore these companies?

The Indian start-up scene is incredibly vibrant. Every week we hear of another unicorn being created. Transactions are now on a global scale. Witness the $3.6-billion raised by Flipkart, or the just announced $4.7-billion sale of Billdesk to Prosus. These are global scale deals and demonstrate the coming of age of the Indian start-up ecosystem. This is wealth creation and monetisation at a scale seen rarely outside Silicon Valley.

There are numerous reports highlighting how this trend will only deepen and further accelerate. India currently has 65 unicorns, most expect this number to cross 150 by 2025. The top 10 unicorns