TNPSC Thervupettagam

Hurun global unicorn index 2024

April 14 , 2024 224 days 1733 0
  • The number of startups in India with a valuation of over $1 billion has dropped for the first time in four years.
  • The figure now stands at 67, down by one from the 68 reported last year, as per the Hurun Global Unicorn Index 2024.
  • India continues to hold the title of the third-largest hub for unicorns worldwide.
  • The United States leads the global list with 703 unicorns, up by 37 from 2022, followed by China with 340 unicorns.
  • The United Kingdom and the European Union rank fourth and fifth, respectively.
  • The collective value of the world's unicorns has reached $5 trillion, equivalent to Japan's GDP last year.
  • Swiggy, and Dream11 are India's most valuable unicorns, each valued at $8 billion.

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