Page 60 - MANN KI BAAT (English)
P. 60
Unicorns Empowered by
A unicorn startup is a privately-held company Since its launch in
valued at over $1 billion. Under the Government of 2016, the initiative has
India’s Startup India Initiative, these startups have propelled the country
flourished through benefits like tax exemptions, to become the world’s
third-largest startup
funding support, and mentorship. ecosystem, with over
100 unicorns.
Zomato
Unacademy
Transformed food
delivery and restaurant Revolutionised online
discovery through education by making
technological innovation. quality learning
accessible to millions,
helping students prepare
for competitive exams.
BharatPe
Launched India's first UPI
QR code for merchants
empowering small Nykaa
businesses with easy
credit access and digital In 2020, Nykaa became the first Indian
payments, fueling its unicorn Startup led by a woman to
growth. successfully launch an initial public
offering (IPO). Since then, Nykaa has
dominated the beauty and wellness
sector with a strong e-commerce
presence.
56
56

