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In May 2022, ____________ has become the 100th unicorn to emerge from India, marking a seminal moment for the Indian startup ecosystem.
Open
Cred
Spring Labs
Flywire
Digit
- Open: This is the correct answer. Open became the 100th unicorn from India in May 2022. It is a neo-banking startup that reached a valuation of over $1 billion, marking a significant milestone for India's startup ecosystem.
- Cred: This Indian fintech company, founded by Kunal Shah, became a unicorn earlier, but it was not the 100th.
- Spring Labs: This company is not an Indian startup. It is based in Los Angeles and specializes in blockchain and data privacy technologies.
- Flywire: Flywire is a global payments enablement and software company, based in the USA. It does not originate from India.
- Digit: An Indian insurance company that became a unicorn in early 2021, but not the 100th unicorn.
By: Parvesh Mehta ProfileResourcesReport error
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