Latest Susmit Patodia News & Updates

Surge in Unicorn Startups in AI Era, India Emerges as Key Contributor

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New Delhi, Feb 25 (IANS) There is a surge in the creation of unicorns (startups with a valuation of $1 billion and above) in the AI era, according to a new report, adding that AI companies now achieve unicorn status in an average of 4.7 years.According to a report by global venture capital firm Antler, the unicorn creation has accelerated from an average of four companies per year between 2003-2013 to 148 per year between 2014-2024. The findings also showed that India has emerged as a key contri…