India Emerges as China’s Tech Challenger with Record Unicorn Run (Nikkei Asia)

India is rapidly closing the gap with China in minting new unicorns — privately held startups valued at $1 billion or more — highlighting growing investor appetite for tech startups in the country as the pandemic accelerates the adoption of digital services.
A successful listing of online food delivery company Zomato, which plans to raise $1.1 billion, would set the stage for many of these unicorns to follow suit. READ MORE (GOOGLE CACHE)

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