Global Unicorn Index 2021: India Ranked Third
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India has surpassed the United Kingdom as the third most popular destination for hosting unicorns.
With the addition of 33 “unicorns” in a single year, India has surpassed the United Kingdom to take third place in the list of countries with such businesses valued at over $1 billion each. According to data compiled by Hurun Research Institute, the United States and China, which are ranked first and second, are far ahead.
74% of unicorns live in the United States and China.
The United States added 254 unicorns, bringing the total number of unicorns to 487, while China added 74, bringing the total number of unicorns to 301.
The United Kingdom only added 15 unicorns, bringing its total to 39, and was thus displaced by India.
The largest countries in the world by GDP without Unicorns are Italy, Russia, Saudi Arabis, and Poland
Unicorns are privately held start-ups having a valuation of more than $1 Billion.