Directions: There are four sentences given as four options that may or may not contain an error. Choose the sentence that is grammatically as well as contextually correct and meaningful as your answer. If all the given sentences are correct, mark 'All are correct' as your answer.
1
Although most of the unicorns in India so far were FinTech platforms, Software-as-a-Service companies, and e-commerce firms, interestingly, many companies from non-traditional areas will be entering the unicorn club in 2021.
2
In India, only entities which work towards innovation or which have a scalable business model are recognized as startups to 10 years from the time of there incorporation and their turnover did not exceed Rs.100 crores in any year
3
A startup usually going through multiple rounds of funding from funds, high net-worth individuals, and other businesses in successive pitches or rounds but initially, the seed money comes from angel investors i.e. founders, their friends, and family.
4
According to a recent article titled 'What drives startup fundraising in India?' published in the Reserve Bank of India’s monthly bulletin, more startups have been becoming unicorns in recent years in India.
5
All are correct