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VOL. 6, ISSUE 2 (2024)
Growth of unicorn E-startups in India
Authors
Dr. Trapti Mittal
Abstract
A privately held business that is not listed
on a stock exchange and has a market value of more than $1 billion is known as
a unicorn startup. Aileen Lee, a U.S. venture capitalist and the creator of the
cowboy venture, came up with the term in 2013. Due to the numerous obstacles
that exist in its startup ecosystem, India is
sometimes characterized as a hard environment for startups but after that in
terms of the total number of unicorns produced worldwide, India comes in third
place, behind the United States (1,000 unicorns) and China (244 unicorns). However,
this research revealed that more than 100 unicorn businesses operating in
India. Indian unicorns are flourishing in the current dynamic and fast-paced
market. In addition to creating cutting-edge technologies and solutions, these
firms are creating a significant number of jobs.
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Pages:118-121
How to cite this article:
Dr. Trapti Mittal "Growth of unicorn E-startups in India". International Journal of Finance and Commerce, Vol 6, Issue 2, 2024, Pages 118-121
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