India becomes world's third largest unicorn ecosystem

India becomes world's third largest unicorn ecosystem

Daily Current Affairs   /   India becomes world's third largest unicorn ecosystem

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Category : National Published on: September 04 2021

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·        Hurun Research Institute has released the Hurun India Future Unicorn List 2021, according to which India is the third largest unicorn/startup ecosystem in the world.

·        America is on top followed by China in second place.

·        According to the list there are 51 rhinos in India. There are 396 unicorns in the United States and 277 in China.

Important facts

About the unicorn

v Zilingo unicorn tops the ranking in India with USD 310.

v Zilingo is headquartered in Singapore. Bengaluru is the top Indian city in terms of number of unicorns headquartered in a city.

v Bengaluru has 31 unicorns followed by Mumbai with 12 rhinos.

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