India has 3rd-highest number of unicorns, gazelles: Hurun’s Global Unicorn Index 2023
Shortpedia
Content Team
Image Credit: NewsBytes
The number of unicorns a country has produced is a testament to that country's robust start-up ecosystem. India has done pretty well in the department over the years. The data supports that too. According to the Hurun Global Unicorn Index 2023, India ranks third in the world with 68 unicorns. Only the US and China rank above India in the index. As per the Unicorn Index 2022, India had 54 start-ups valued at $1 billion or more.
