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Research Paper | Business and Finance | India | Volume 12 Issue 2, February 2023

Start Ups and Unicorns in India: A Study of Growth Pattern

Dr Kuljeet Kaur

Abstract: Start - ups action plan is a unique initiative of Government of India to foster the development of start - up culture in India. Through the adoption of special strategies like tax benefits, easy funding, least formalities the Government want to enhance the economic development through creation of such class of people who are job creators instead of job seekers. This easy entry to start - ups opens the way for development of Unicorns. Those private firms which have crossed the valuation of $ 1 Billion are given the status of Unicorns. These Unicorns play and important role in the economic development of the country. The first Unicorn in India was born in 2011 but the year 2021 has shown the fast pace of growth of unicorns in India. The present paper will try to find out the year wise, sector wise and city wise growth pattern of Unicorns in India.

Keywords: Start Ups, Unicorns, Enterprisetech, Fintech, Edtech

Edition: Volume 12 Issue 2, February 2023,

Pages: 296 - 299