Hurun Research Institute has released the Hurun India Future Unicorn List 2021, as per which India is the third-largest Unicorn/startup ecosystem in the world.
Highlights:
The USA is on top, followed by China on second. India has 51 unicorns according to the list. The USA has 396 and China has 277 unicorns. Zilingo is the pinnacle unicorn in the ranking in India with funding of USD 310. The headquarters of Zilingo is in Singapore. Bengaluru is the top Indian metropolis in terms of the variety of Unicorns headquartered in the city. Bengaluru has 31 unicorns followed by Mumbai which has 12 unicorns.