India has produced 33 unicorns – companies with a valuation above $1 billion – this year against China’s 19, a Business Line report based on data from analytics firm Tracxn said.
India also beat China in the annual unicorn count last year, when it produced 17 unicorns against China’s 16.
China, however, has the second-highest number of unicorns in the world at 177, which is more than twice of India’s total of 72, the report added.
Read the full story: The Hindu Business Line
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The post India Produced More Unicorns Than China This Year: BL appeared first on Asia Financial.
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