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100 unicorns
June 4 , 2022
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- India’s startup ecosystem as he highlighted that the country has reached a landmark figure of 100 unicorns.
- Unicorns are privately held, venture-capital-backed start-ups that have reached a value of $1 billion.
- American venture capitalist Aileen Lee is credited with coining the term in 2013.
- From 17 Unicorns in 2018 the number went up to 38 in 2020 and it’s 71 and counting in 2021.
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