India is home to one of the world's highest proportion of "unicorns"- unlisted companies with a valuation of more than $1bn (£778m). In 2003, the odds of building a billion dollar company were so low that it was similar to sighting the mythical unicorn. 2019 became the game changer for start-ups as today, there are about 418 unicorns globally, of which 18 are from India, making it the world's fourth-largest breeding ground for unicorns, behind the US, China and the UK. In India, the start-up scene has become the equivalent of what a lucrative corporate career meant to the previous generation - or a stable government job to the one before that. The 214th issue of IBS Times discusses the highs and lows of India's unicorn growth story and its intersection with India's e-commerce policies.
