Karnataka government to put up ‘Unicorn’ logo in Bengaluru

design of unicorn According to PTI news agency, the logo design work is in progress by a financial solutions company. According to the report, the authorities expect it to be a major attraction in the city, which is likely to be put up at some place near Vidhana Soudha, the seat of the State Legislative Assembly and Secretariat.

Unicorns are companies that have a valuation of $1 billion or more. India has seen an increase in the number of such people startup,

Recently, the Union Minister of State (Independent Charge) for Science and Technology Jitendra Singh said that India ranks third globally in the start-up ecosystem and the total number of privately held start-up companies worth more than $1 With is also the case with the number of unicorns. Arab increased to 105. Of the total 105 unicorns in India, 44 were born in 2021 and 19 in 2022.

Referring to the launch of Start-up India by Prime Minister Narendra Modi in 2015 from the ramparts of the Red Fort, Singh said, India in its 75th year of independence is now home to 75,000 start-ups.

In May this year, the number of rhinos in India reached 100. To share this proud moment, Prime Minister Modi in his ‘Mann Ki Baat’ radio broadcast said, “You surely know that a unicorn is at least a startup. 7,500 crores. The total valuation of these unicorns is over $330 billion; ie more than 25 trillion. Certainly, it is a matter of pride for every Indian.” He added, entrepreneurs were also emerging from small towns and towns. “This shows that in India, one who has an innovative idea can create wealth. Is”.

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