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Daily Current Affairs

Hurun's Global Unicorn Index 2023

Current GK (CDS) Indexes

22-Apr-23

According to the Global Unicorn Index 2023 by Hurun, Swiggy, a foodtech platform, Dream11, a fantasy gaming company, and BYJU'S, an ed-tech decacorn are India's top unicorns.

The report, released, indicates that India continues to be the world's third-largest country with the highest number of unicorns, following the US and China.

BYJU'S is also one of the top 10 unicorn startups worldwide that experienced a significant increase in valuation since the pre-COVID-19 era, with a valuation of $22 billion.
Meanwhile, Swiggy and Dream11 are both valued at $8 billion each, according to the list.
The report mentioned that the number of Indian unicorns established outside of India is higher than those located within India.

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