TOKYO/SHANGHAI/COLOMBO -- Asia's unicorns are feeling the pinch from the global pivot toward tighter monetary policy as investors grow more risk-averse, with fewer and smaller unlisted companies reaching the $1 billion mark.
Startups
Tighter monetary conditions rein in Asian unicorns
New $1bn companies fall by half while valuations stagnate
Indian education technology unicorn Byju has made big gains in its valuation, but it is an exception to the general trend. (Photo by Kosaku Mimura)
Read Next
Latest on Startups
