INDIA 61 UNICORNS, OF WHICH 21 IN INDIA AND 40 OUTSIDE INDIA
HURUN RESEARCH FINDS 586 UNICORNS IN WORLD, UP 92 THIS YEAR
USA LEADS CHINA BY 233 TO 227, MAKING UP 78% OF WORLD’S UNICORNS
VALUED AT US$16BN, NOIDA BASED FINTECH COMPANY PAYTM BECOMES INDIA’S HIGHEST VALUED UNICORN
E-COMMERCE, FINTECH, AI AND SaaS ARE TOP 4 CORE COMPETENCE SECTORS OF WORLD’S UNICORNS, MAKING UP 45.9% OF THE SECTORAL UNIVERSE OF THESE UNICORNS
ONE-THIRD OF INDIAN UNICORNS CONDUCT BUSINESS IN THE E-COMMERCE SECTOR
36 INDIAN ORIGIN UNICORN FOUNDERS GRADUATED FROM IIT, WITH IIT DELHI THE MOST PREFERRED INSTITUTE
ONLY 5 FEMALE FOUNDERS OF INDIA’S UNICORNS, WITH REMAINING 104 MALE
USA BASED FINTECH COMPANY ROBINHOOD, CO-FOUNDED BY BAIJU BHATT IS MOST VALUABLE UNICORN FOUNDED BY AN INDIAN ORIGIN ENTREPRENEUR ABROAD
BENGALURU BASED FINTECH UNICORN ZERODHA IS INDIA’S LARGEST STOCKBROKER
SOFTBANK TAKES THE LEAD IN INVESTING INTO INDIAN UNICORNS, HAVING INVESTED IN NEARLY HALF OF THOSE
SEQUOIA WORLD’S MOST SUCCESSFUL INVESTOR INTO UNICORNS, BEING A KEY INVESTOR IN ONE IN FIVE OF THE WORLD’S UNICORNS. OTHERS INCLUDE TENCENT, SOFTBANK, TIGER, IDG, GOLDMAN SACHS, AND ALIBABA
TOTAL VALUE OF ALL KNOWN UNICORNS IN INDIA US$73.2BN
TOTAL VALUE OF UNICORNS FOUNDED OVERSEAS BY INDIANS SUMS UP TO US$99.6BN
(04 August 2020, Mumbai, India and Oxford, United Kingdom) The Hurun Research Institute today released the Hurun Global Unicorn List 2020, a ranking of the world’s billion-dollar tech ‘start-ups’ founded in the 2000s and not yet listed on a public exchange. This is the second year of the list and valuations are a snapshot of 31 March 2020.
Hurun Research found 586 unicorns in the world, based in 29 countries and 145 cities. On average, they were set up nine years ago, with 80% selling services and 60% consumer-facing. 5% were in traditional sectors, with the majority offering disruptive technology. The total value of all known unicorns in the world is US$1.8tn, equivalent to the GDP of Italy.
Hurun Report India MD and Chief Researcher Anas Rahman Junaid said: “India officially has 61 unicorns, but only 21 are headquartered in India, with the remaining started up by Indians overseas. We hope Hurun Global Unicorn Report 2020 would inspire entrepreneurs in India to create billion-dollar startups, serving the Prime Minister’s call for ‘aatma nirbhar’ Bharat”.