India closes gap with China in minting new unicorns as investor appetite for tech grows

India closes gap with China in minting new unicorns as investor appetite for tech grows

Photo by ?? Claudio Schwarz | @purzlbaum on Unsplash

India is rapidly closing the gap with China in minting new unicorns — privately held startups valued at $1 billion or more — highlighting growing investor appetite for tech startups in the country as the pandemic accelerates adoption of digital services.

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