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India adds 33 more unicorns this year

Date: 24 December 2021 Tags: Miscellaneous
  • Adding 33 ‘unicorns’ in a single year has helped India displace the United Kingdom (U.K.) to be third in the list of countries that are home to such enterprises valued at more than $1 billion.
  • India was placed fourth when it came to the number of unicorns last year. However, the U.S. and Chinaare way ahead.
  • The U.S. added 254 unicorns and now totals 487 companies in the coveted list, while China added 74 to take its tally to 301 start-ups having a valuation of more than $1 billion.