With 72 unicorn companies under its belt, India currently holds the third-place spot globally in the highly competitive startup and unicorn market.

The staggering sum of $195.75 billion that these unicorns are collectively valued illustrates the country’s expanding significance in the startup environment found in other countries across the world.

The valuation of unicorn enterprises in India accounts for 5% of the total amount of unicorn business valuation across the globe, making it a prominent player in the worldwide unicorn ecosystem.

This information has been uncovered as a result of an extensive research investigation that was carried out by Journalistic Org. The findings shed light on India’s influence and standing in the highly competitive startup market.

The Indians are making their way towards BYJU.

BYJU is the first company from India to reach recognition on a global scale. The company currently ranks 36th and is valued at $11.50 billion.

The Unique Role Played by India

India’s unicorns have proven to be resilient and effective, despite the fact that their average valuation per unicorn is lower than that of some of India’s competitors.
This places India on par with the United Kingdom and indicates its importance as well as its capability of competing in the international startup landscape.