News > India displaces UK to be third top country hosting unicorns

India displaces UK to be third top country hosting unicorns

Business Standard | 22/12/2021 09:06 PM | Click to read full article

Adding 33 'unicorns' in a single year has helped India displace the United Kingdom to be third in the list of countries that are home to such enterprises valued at over USD 1 billion each, according to a report released on Wednesday. India was placed fourth when it comes to the number of unicorns last year.

However, the US and northern neighbour China, who occupy the first two ranks, are way ahead.

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