InvestorQ : How many Indian start-ups have attained unicorn status till now?
Archita Jajjoo made post

How many Indian start-ups have attained unicorn status till now?

Answer
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Niti Shenoi answered.
5 days ago


During the pandemic 4 Indian start-ups joined the Unicorn Club and now another four are expected to be joining the Unicorn club. A Unicorn is referred to in start-up parlance to a start-up business that has a market valuation of $1 billion or more.

There are some constraints due to the pandemic as the late-stage funding had experienced a decline in recent times. As of January 2020, before the pandemic struck, India had 26 Unicorns and the start-ups received funding to the tune of $14.5 billion.

The start-up ecosystem in India was seeing positive vibes from September onwards with gradual growth returning to sector specific start-ups in education, healthcare and commerce.