Unicorn Current Affairs, GK & News

India-UAE Venture Capital Fund

India and UAE have together created 150 million USD fund to support the startups. The fund will help to create ten unicorns within 2025. Unicorns are startups whose value is more than 1 billion USD. The fund was launched at the EXPO 2020 held in Dubai. About the fund The fund will act as a ..

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Swachhata Start-Up Challenge

Swachhata Start-Up challenge was launched to increase innovation in waste management. It was launched by the Agence Francaise de Developpment, AFD and the Department of Promotion of Industry and Internal Trade, DPIIT. The AFD is a French public financial institution. It implements the policies of the French Government. The top ten winner of the challenge ..

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What is a Deccahorn?

Deccahorns are private firms whose value exceeded over ten billion USD. Recently Swiggy has become the fourth Indian company to earn the tag. The other three companies that hold the tag already are Paytm, a FinTech, Oyo (a hotel aggregator) and Byjus (an Edtech). Facebook was the first Deccahorn. It earned the tag in 2007. ..

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NASSCOM Study on Start-ups

NASSCOM is National Association of Software and Service Companies. It is a non – governmental organization and it works to expand IT sector of India. According to a recent study of NASSCOM, the startup ecosystem in India has increased twice. Between 2020 and 2021, the startup industry of the country has grown to 330 billion ..

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Unicorn Black Hole

The Astronomers have discovered the smallest black holes. It has been named as Unicorn. It is 1,500 light years away from the earth. It is the closest of all the black holes found so far. About Unicorn The Unicorn is three times the mass of the sun. Its size is tiny for a black hole. ..

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Hurun Research Institute releases it’s first-ever Hurun Global Unicorn List 2019

The Hurun Research Institute has released it’s first-ever Hurun Global Unicorn List 2019. It is a ranking of the world’s billion-dollar tech ‘start-ups’ founded in the 2000s and not yet listed on a public exchange. This is the first year of the list and follows from the 6th quarterly Hurun China Unicorn Index. China has ..

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