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Monday, October 29, 2018

Meet Singapore's Top 3 Unicorns Ruling The Billion Dollar Club


Meet Singapore's Top 3 Unicorns Ruling The Billion Dollar Club

As a startup, the journey to becoming a unicorn isn't easy as it sounds. The term unicorn is used for a privately held startup company valued at over $1 billion. According to research firm CBInsights, there are more than 260 unicorn startups all around the world. Singapore, a leading startup hub in Asia, is home to three unicorn companies. With an impressive list of home-grown startups like Grab, ReferralCandy and 99.co, the island nation is also considered as the best place to start a new business.

A report by start-up event promoter Slush Singapore and venture capital firm Monk's Hill Ventures, say in Singapore, start-ups have access to venture capitalists and capital as well as a richer ecosystem. The report highlights that many international VCs already have offices in Singapore. Despite its small size, the country has the highest number of tech incubators in the region as well.

Let's quickly run through the list of unicorns ruling the billion-dollar club in the island nation ..

https://www.entrepreneur.com/article/322438

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by Idham Azhari


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