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Global Unicorn Index 2021

Published on December 24, 2021
Current Context: The Hurun Research Institute has released Global Unicorn Index 2021.
Global Unicorn Index 2021
  • As per the index, India is ranked at 3rd position.
  • India has replaced the UK at the 3rd spot thus by adding 33 unicorns in 2020.
  • In total, India has 54 Unicorns.
  • The 1st position is marked by the US having 487 number of unicorns. The US has added 254 unicorns newly.
  • China is placed at 2nd position with 301 unicorns. China has added 74 unicorns newly.
  • Around 81% of the unicorns are dealing in the IT sector.
  • There are 1,058 unicorns in 221 cities of 42 countries across the world and the total value of the unicorns of the world stands at USD 3.7 trillion, which is equivalent to the GDP of Germany.
  • The top 3 companies as per the index are: ByteDance (China) (1st), Ant Group (China) (2nd), and SpaceX (US) (3rd).
  • India’s companies in the top 100 unicorn list: BYJU’S (15th), InMobi (28th), OYO (49th), Ola (79th), PharmEasy (100th), and Swiggy (100th).

Question: 

Q.1 What is the rank of India in the Global Unicorn Index 2021?
a. 2nd
b. 7th
c. 3rd
d. 6th
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