![]() India displaced the UK from the 3rd position in 2021 when the subcontinent witnessed 33 startups turn unicorn while the latter managed to witness only 15 unicorns then. ![]() The country has been declared as the 3rd top country hosting unicorn companies for the year 2021. On this note, know in detail - What Makes A Unicorn Startup & How To Build One? On the other hand, Startups are privately owned companies typically at the early stages of their development. The term was coined by a venture capitalist and a seed investor, Aileen Lee. Unicorn is a business term used to define a startup with a valuation of over $1 Billion. Unicorn Startup consists of two words, "Unicorn" and "Startup". ![]() It takes a lot of hard work, commitment, and perseverance throughout the startup's journey to climb the ladder of unicorns, and the ones that have bagged the title of unicorns are discussed in this article. In today's world, unicorn startups are not as uncommon as before however, building a unicorn startup is not easy. India is becoming the world's fastest-growing startup ecosystem with 108 Unicorn Startups, as of 2022.
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