India has 100 Unicorns worth 333 billion USD

Published on May 07, 2022
Current Context: As per Ministry of commerce data, India has a total of 100 Unicorns.
India has 100 Unicorns worth 333 billion USD
  • India has added 44 unicorns in fiscal 2021-22, worth 93 billion USD. As per the Dept for Promotion of Industry and Internal Trade, as many as 66,000 startups have come.
  • DPIIT recognizes startups across 56 sectors, the majority of which have come from the services sector. This is a result of the government of India's simplification of labour laws into 4 labour codes. The government has also done away with 25,000 odd compliances which were a major bottleneck for the startups.
  • Schemes like Startup India and stand up India have helped to create a conducive atmosphere of innovation and investment.


Q.1 Across how many sectors have startups come up as per DPIIT?
a. 56
b. 55
c. 54
d. 53

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