TOKYO -- 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 adoption of digital services.
Zomato, the Indian online food delivery unicorn, has filed a draft IPO prospectus with India's securities regulator. Other tech companies could follow. (Photo by Rie Ishii)
Market Spotlight
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