India Now Third-Largest Home for ‘Unicorns’ – Deccan Herald


Adding 33 “unicorns” in a single year has helped India displace the UK to be third in the list of countries that are home to such enterprises, valued at over $1 billion each, the Deccan Herald reported.

India was placed fourth when it comes to the number of ‘unicorns’ last year. However, the US and China, who occupy the first two ranks, are way ahead, according to data compiled by the Hurun Research Institute.

Read the full report: Deccan Herald.





Europe Overtakes China in Unicorn Creation: WSJ


India Produced More Unicorns Than China This Year: BL


Are SPACs a breeding platform for Asian unicorns?



George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

Recent Posts

iPhone Maker Pegatron in Second India Factory Negotiations

Pegatron, currently responsible for 10% of Apple's iPhone annual production in India, intends to build…

2 hours ago

China’s CATL to Mass Produce Cheaper M3P Batteries This Year

The batteries will have greater energy density and perform better than lithium-ion phosphate batteries, the…

4 hours ago

Beijing Slams US for TikTok CEO’s ‘Hostile’ Congress Hearing

While TikTok is not available in China, Chew's hearing was closely watched in the country,…

5 hours ago

Asia Stocks Slip as Banking Fears Resurface, TikTok Row Weighs

Japan’s Nikkei and Hong Kong’s Hang Seng both suffered as nervous investors shunned riskier assets…

6 hours ago

Huawei Beats US Sanctions With Chip Tool Breakthrough

The Chinese tech giant lost access to the software in 2020 due to sanctions imposed…

7 hours ago

Nvidia Will Rent AI Computing Power to China – Yicai Global

Analysts say supercomputing power is the major obstacle holding back China's ChatGPT-like bot developers

1 day ago