2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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USA
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UK
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UAE
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Uganda
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Detailed explanation-1: -Adding 33 “unicorns” in a single year has helped India displace the United Kingdom to be third in the list of countries that are home to such enterprises valued at over $1 billion each.
Detailed explanation-2: -It is reported that India has minted more than half of its 100 unicorns since the start of 2021. It is also noteworthy that the top four unicorns that include Flipkart, Paytm, Byju’s and Oyo are also known as decacorns i.e. companies which have a valuation of $10 billion and above.
Detailed explanation-3: -As of November 2022, the country with the most unicorns, or privately owned companies with a valuation of one billion U.S. dollars or more, was the United States.
Detailed explanation-4: -INDIA RETAINS 3RD PLACE WITH 68 UNICORNS, UP 14, PULLING AWAY FROM UK IN FOURTH. UK 4TH WITH 46 UNICORNS, UP 7. GERMANY MAKES UP TOP 5 WITH 36 UNICORNS, UP 10. ELON MUSK’S CALIFORNIA-BASED SPACEX sHOT UP 25% TO VALUATION OF US$125BN, OVERTAKING HANGZHOU-BASED FINTECH PLATFORM ANT AT US$120BN, DOWN 20%.