
India to have 250 unicorns by 2025: Report
India has created 130 unicorns so far, generating a total value of $535 billion. But, many are choosing to base themselves in the U.S., shows a report by venture growth investor Iron Pillar.
India has created 130 unicorns so far, generating a total value of $535 billion. But, many are choosing to base themselves in the U.S., shows a report by venture growth investor Iron Pillar.
Other startups that attained over a billion-dollar valuation this year include Mamaearth, Fractal, Darwinbox, Dealshare, Elastic Run, Livspace and LEAD School.
India has become the third largest startup ecosystem in the world after the US and China, the survey says.
Fintech leads the sectoral pack with the potential to add 15 unicorns. Logistics and agritech are jointly expected to create 13 unicorns in the coming months.