“Unicorns” refer to startups that are valued at $1 billion or more. According to a report by, CB Insights 361 private companies worldwide are unicorns. Amongst them 16 companies are Indian, making 4% of these companies Indian. Therefore India has ranked 4th in the list of countries with the most unicorns with Paytm being the most valued, at $10 billion.
The US is topping the charts with 49% unicorns, followed by China and the UK with 25% and 5% respectively. According to this report, all these companies combined are worth $1.1 trillion! Chinese companies Bytedance ($75 billion ) and Didi Chuxing($65 billion) are the worlds first and second most valued companies followed by Juul Labs at $50 billion.
How do you think India can do better?