Global Unicorn Index

April 21, 2023

India has retained 3^rd spot, in the list of countries with most number of Unicorns as per Hurun Research Institute’s Global Unicorn Index 2023.
Edtech giant BYJU’S is the leading unicorn in India with a valuation of $22 billion, followed by food delivery and quick commerce startup Swiggy and fantasy sports platform Dream11, both worth $8 billion.
- Unicorn refers to a privately held startup company with a value of over $1 billion.
As per the index, India (68 unicorns) added 14 new unicorns since pandemic began and stands behind USA (666) and China (316).
India and China produce more offshore unicorns than any other country.
- Number of offshore unicorns by Indians is more than that of Chinese.