India has the potential to create over 100 unicorns in next 5 years: Nasscom report
R Sinduja
News EditorImage Credit: shortpedia
Nasscom report states India is expected to have around 95-105 unicorns, enjoying a cumulative valuation of $350-390 billion. According to Nasscom, currently India has nearly 24 unicorns; 7 were added till this Sept and another 2-3 are expected to be added by year-end. India is at 3rd position behind US & China in the number of unicorns on a global scale. Nasscom president Debjani Ghosh said we are on a strong growth trajectory.