2. Only private startups can become unicorns.
3. The term was originally used to emphasize the rarity of this kind of startup.
5. In India, 14 startups have entered the unicorn list in the first six months of 2021.
(The content on this page is provided by the Center for Investment Education and Learning (CIEL). Girija Gadre, Arti Bhargava, and Labdhi Mehta.)