India comes second in the unicorn race beating several developed nations
India has outpaced several developed nations, including China, the United Kingdom, and Canada, in terms of adding new unicorns during the third quarter (Q3) of the calendar year 2021, as per the report from PwC India. A unicorn is a startup that is valued at at least $1 billion. In the third quarter, India added over ten unicorns, compared to seven in China and Hong Kong, and four in the United Kingdom and Canada, indicating the high pace of investment activity. However, the United States maintained its commanding lead on…