CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many unicorns India have according to the recently published Hurun Global Unicorn List 2019?
A
21
B
23
C
27
D
59
Explanation: 

Detailed explanation-1: -India has a total of 54 unicorns, ranking it third in the world, according to Hurun Global Unicorn Index 2021. The report said India has more than doubled the number of unicorns from last year and overtook the UK in the tally.

Detailed explanation-2: -Hurun Report Chairman and Chief Researcher Rupert Hoogewerf. Globally, 254 new unicorns were added during the first half of 2022. The US tops the list with 625 unicorns. It is followed by China with 312 and India is in the third spot with 68.

Detailed explanation-3: -The Global Unicorn Index is compiled by the Hurun Research Institute, and includes companies founded in the 2000s with a current valuation of US$1bn, not yet listed on a public exchange. Cut-off for this year’s index was 30 June 2022.

Detailed explanation-4: -This is an index of the most valuable private equity or venture capital-funded companies in India founded after 2000. As per the index India will have 122 new unicorns in the next two to four years and these unicorns currently have a cumulative value of $49 billion.

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