{"id":85314,"date":"2025-06-01T03:12:06","date_gmt":"2025-06-01T03:12:06","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=85314"},"modified":"2025-06-01T03:12:06","modified_gmt":"2025-06-01T03:12:06","slug":"what-is-unicorn-company-often-mentioned-in-indian-news","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/what-is-unicorn-company-often-mentioned-in-indian-news\/","title":{"rendered":"What is \u2018Unicorn Company’ often mentioned in Indian news ?"},"content":{"rendered":"

What is \u2018Unicorn Company’ often mentioned in Indian news ?<\/p>\n

[amp_mcq option1=”Any privately held startup company with a value of over $ 1 billion” option2=”Any public sector company to be merged with another public sector company” option3=”Privatization of any loss-making State-owned company” option4=”Any foreign multinational company doing business in India in collaboration with an Indian company” correct=”option1″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CDS-1 – 2022<\/div>\n<\/div>\n
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\nA ‘Unicorn Company’ is a term used in the startup and venture capital industry to describe a privately held startup company with a valuation exceeding $1 billion.
\n<\/section>\n
\n– The term was coined by Aileen Lee, founder of Cowboy Ventures, in 2013.
\n– Unicorns are considered rare and highly successful startups.
\n– The valuation is typically based on investment rounds by venture capitalists.
\n<\/section>\n
\n– A ‘Decacorn’ is a privately held company valued at over $10 billion.
\n– A ‘Hectocorn’ is a privately held company valued at over $100 billion.
\n– The other options describe different concepts in the business world, such as mergers of public sector units (B), privatization (C), or joint ventures (D), none of which define a unicorn company.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

What is \u2018Unicorn Company’ often mentioned in Indian news ? [amp_mcq option1=”Any privately held startup company with a value of over $ 1 billion” option2=”Any public sector company to be merged with another public sector company” option3=”Privatization of any loss-making State-owned company” option4=”Any foreign multinational company doing business in India in collaboration with an Indian … <\/p>\n

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