{"id":155741,"date":"2021-12-23T20:22:26","date_gmt":"2021-12-23T14:52:26","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=155741"},"modified":"2021-12-23T20:22:26","modified_gmt":"2021-12-23T14:52:26","slug":"global-unicorn-index-2021-india-adds-33-unicorns-in-one-year-displacing-u-k","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/global-unicorn-index-2021-india-adds-33-unicorns-in-one-year-displacing-u-k\/","title":{"rendered":"Global Unicorn Index 2021: India adds 33 unicorns in one year, displacing U.K."},"content":{"rendered":"\n
What is the News?<\/b><\/h5>\n

Hurun Research Institute has released the Global Unicorn Index 2021. The index is a ranking of the world\u2019s start-ups founded in the 2000s, are worth at least a billion dollars and are not listed on a public exchange.<\/span><\/p>\n\n\n\n
Read more<\/strong>: 1,600 new tech start-ups and 12 unicorns in 2020: Nasscom\u2019s Indian Tech Start-up Ecosystem report<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What are the key findings of the Global Unicorn Index 2021?<\/b><\/h5>\n

India has a total of 54 Unicorns. It is ranked third in the world, after the United States and China.<\/span><\/p>\n

Note: <\/b>A <\/span>unicorn<\/span> is a term used in the venture capital industry to describe a startup company with a value of over $1 billion.<\/span><\/p>\n

India has added 33 Unicorns in a single year. This has helped India overtake the UK in the number of Unicorns.<\/span><\/p>\n

However, US and China are way ahead of India in the number of Unicorns. The US has added 2<\/span>54 unicorns and now totals 487 companies, while China added 74 to take its tally to 301 Unicorns. These top-two occupants are home to 74% of the unicorn universe.<\/span><\/p>\n\n\n\n
Read more<\/strong>: Can unicorns solve the country\u2019s youth unemployment problem?<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What is the reason for India\u2019s Unicorn Boom in 2021?<\/b><\/h5>\n

China\u2019s crackdown on tech companies has helped India bolster its attractiveness as an emerging market alternative. Experts predict that India will be home to more than 150 unicorns by 2025.<\/span><\/p>\n

Moreover, this unprecedented funding boom is expected to spill over to the next year as well, helped by India\u2019s rapid adoption of technology and innovative offerings from startups.\u00a0<\/span><\/p>\n\n\n\n
Read more<\/strong>: Decoding The Unicorn Nation<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: <\/b>T<\/span>his post is based on the article<\/span> \u2018<\/b>\u2018<\/b>India adds 33 unicorns in one year, displacing U.K.<\/b>\u2019<\/b>\u2019<\/b> published in<\/span>\u00a0The Hindu <\/b>on 23rd Dec 2021.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

What is the News? Hurun Research Institute has released the Global Unicorn Index 2021. The index is a ranking of the world\u2019s start-ups founded in the 2000s, are worth at least a billion dollars and are not listed on a public exchange. Read more: 1,600 new tech start-ups and 12 unicorns in 2020: Nasscom\u2019s Indian… Continue reading Global Unicorn Index 2021: India adds 33 unicorns in one year, displacing U.K.<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10498],"class_list":["post-155741","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/155741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=155741"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/155741\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=155741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=155741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=155741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}