もっと詳しく

By Mohammed Kudrati In a television interview to Aaj Tak, Ravishankar Prasad, senior BJP leader and former Union Minister for Electronics and Information Technology, Communication and Law, claimed that “unicorns” are companies who have earned $1 billion in revenue. His claim is false since the widely accepted definition of a unicorn is a large startup that has crossed $1 billion in terms of valuation and not in terms of revenue. Prasad made this claim while speaking to Shweta Singh, an anchor with the television channel Aaj Tak. Prasad was referring to India’s startup environment, and the pace…