Q. As per the recent data, India has how many active unicorns, as of October 2022?
Answer:
84
Notes: According to a report by market tracker Venture Intelligence, the number of active unicorns reduced to 84 due to various reasons.
From 2018 to 2022, around 105 startups had attained unicorn status in India. Around seven unicorns lost valuations due to investor markdowns and another four unicorn companies are getting acquired. Unicorn companies are those that reach a valuation of USD 1 billion.