BJP Leader Ravi Shankar Prasad Incorrectly Defines Unicorns

Former Union Minister claims that a start-up becomes a unicorn when it has $1 billion in revenue, but the criteria is $1 billion in valuation

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|9 Aug 2022 10:19 AM GMT

BJP Leader Ravi Shankar Prasad Incorrectly Defines Unicorns

BJP Leader Ravi Shankar Prasad also converted Dollar to Rupee incorrectly. Image Credit: Press Information Bureau

Former Union Minister claims that a start-up becomes a unicorn when it has $1 billion in revenue, but the criteria is $1 billion in valuation

Ravishankar Prasad BJP Congress Unicorn Startup Business Valuation Investment

Claim Review : Unicorns are startups with 1 billion dollars in revenue

Claimed By : Ravi Shankar Prasad

Fact Check : False

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