India’s startup ecosystem has achieved another significant milestone, surpassing 131 unicorns as of June 2026, with four new startups joining the coveted billion-dollar club this year alone .

India’s instant home services sector has become the latest battlefield in the consumer internet economy, with Urban Company, Snabbit, and Pronto burning through **$14–15 million collectively in May 2026** as they aggressively discount services to capture market share. The combined monthly cash burn rose **25% month-on-month** from $10–12 million in April, even as order growth remained modest, signalling a fierce customer acquisition war.