India Moves UK to 3rd Top Country Hosting Unicorns

New Delhi: With 54 UNICORN in total, India has transferred the United Kingdom (UK) to pocket the third top position in the list of countries with most such companies, a report released by the Hurun Research Institute showed on Wednesday.
Last year, India was ranked fourth.
Unicorn is a private start-up company that has an assessment of more than $ 1 billion.
Start-boom helped him to add 33 Unicorn for a year.
It’s higher than England which adds 14 companies like that for a year.
In addition to domestic companies, there are 65 Unicorns founded by Indians abroad, especially in the Silicon Valley, the report noted.
In total, Indians established 119 Unicorns where 54 were in India and 65 of them were abroad.
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