Unicorn Diversification, Entrepreneurship Boom Show Spirit of New India: PM Modi

On 5 May, our country achieved a unique milestone – the number of unicorns in India reached the 100 mark, Modi said.

Prime Minister Narendra Modi on Sunday, 29 May, addressed the nation on his monthly 'Mann Ki Baat,' and appreciated the massive growth of unicorns in the country.

On 5 May, our country achieved a unique milestone – the number of unicorns in India reached the 100 mark, he said, in the 89th edition of the radio show.

A startup company valued at over $1 billion is called unicorn.

"A few days ago, our country achieved such a milestone that inspires all of us and gives us renewed confidence in India’s capabilities. Currently, the total worth of these unicorns is about Rs 330 billion dollars, while each of the unicorn is worth Rs 7,500 crore," he said in his address.