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Global Unicorn Index 2023
April 22 , 2023
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- According to Hurun’s Global Unicorn Index 2023, India bagged the third spot with 68 new unicorns.
- India is third only to the US' 666 unicorns and China’s 316.
- However, none of the Indian startups made it to the top 10 list.
- The top-most unicorn in India is online educator BYJU’S that is worth $22 billion.
- It is followed by food delivery platform Swiggy and fantasy sports platform Dream11.
- India also had the third-highest number of gazelles, but was fifth when it came to the number of Hurun Global 500 companies.
- Bengaluru is one of the five cities, apart from San Francisco, Shanghai, Beijing, and Shenzhen, that have more start-ups.
- They are likely to contribute more to the Hurun Global 500s within 5 years.
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