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Over 50 unicorn startups expected in India by 2022: Official

Shortpedia

Content Team
Image Credit: shortpedia

The number of startup unicorns in India may surpass 50 by 2022, a senior official said on Friday. The country is home to 21 unicorns at present, collectively valued at USD 73.2 billion, as per the Hurun Global Unicorn List 2020. The US and China have 233 and 217 unicorns, respectively. A unicorn is a privately-held startup valued at over USD 1 billion.