Updated Jan 02, 2021 | 20:51 IST
2020 has not been the best of years, but it has definitely been a boom for the internet economy.
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2020 has not been the best of years, but it has definitely been a boom for the internet economy. Despite the economic impact of the covid-19 pandemic, India saw more than 10 startups bag the unicorn tag. India also saw 11 startups cross the $1 billion mark in valuation and bag the unicorn tag versus only 9 in 2019.
Google gave India two unicorns as a Christmas present by investing in Dailyhunt parent company VerSe Innovations and Glance. VerSe has raised $100 million from giants like Google and Microsoft. On the other hand, Glance which aims to dominate the lock screens of the world raised $145 million from Google and existing investor Mithril Partners.