Important Facts For Prelims
Delhi-NCR: Highest Number of Startups in India
- 11 Sep 2019
- 1 min read
According to a report by Turbocharging Delhi-NCR Start-up Ecosystem, with over 7,000 start-ups, the Delhi-NCR now has the largest number of active start-ups in the country.
- It held that Delhi-NCR accounted for 23% of total start-ups in India with a cumulative value of $50 billion.
- Also, Delhi-NCR is home to 10 unicorns, with at least 1 new unicorn emerging each year since 2013.
- A unicorn is a term used in the venture capital industry to describe a startup company with a value of over $1 billion.