Hurun's Global Unicorn Index 2023
Hurun's Global Unicorn Index 2023 released on 18th April.
India in the report
According to the report India continues to be the world's third-largest country with the highest number of unicorns, following the US and China.
Ed-tech BYJU'S worth $22 billion topped the list of Indian Unicorns, followed by on-demand delivery start-up Swiggy and fantasy sports platform travel- stay finder Dream11 ($8 billion each).
BYJU'S is the only Indian Unicorn among the list of the top 10 biggest rises in valuation since pre-Covid.
As per reports the number of Indian unicorns established outside India is more than the number of unicorns based within India.
India has a total of 138 unicorns, out of which 70 were established by Indian co-founders but have their headquarters located outside India, while 68 are based in India.
Global Status
The United States of America topped the index with 666 unicorns, up 179 compared to 2022, followed byChina in 2nd position with 316 unicorns (up 15).
In terms of unicorn investors, Sequoia Capital, Tiger Global Management, and SoftBank are the top three, having invested in 238, 179, and 168 unicorn startups, respectively.
Top 5 countries with most Unicorns
USA (666)
China (316)
India (68)
UK (49)
Germany (36)
Top 5 Cities with Most Unicorns
San Francisco (USA) - 181
New York (USA) - 126
Beijing (China) - 79
Shanghai (China) - 66
London (UK) - 42
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