New Delhi, June 26: India has ranked fourth globally with 61 unicorn companies, according to the latest Hurun Global Unicorn Index, underlining the country’s expanding footprint in the global startup ecosystem.
The report highlights India’s growing stature as a major hub for innovation and entrepreneurship, supported by rapid growth across key sectors such as fintech, e-commerce, software services, and consumer technology.
The United States and China continue to occupy the top two positions in the global rankings. India’s strong performance reflects the sustained expansion of its digital economy, rising domestic demand, and increasing participation from domestic and global investors in high-growth startups.
Industry experts attribute the rise in unicorn companies to improved access to venture capital, supportive policy initiatives, and accelerated digital adoption across industries. These factors have collectively strengthened India’s startup ecosystem and enabled several firms to scale rapidly.
The Hurun report also notes that India’s startup landscape is steadily maturing, with new-age companies contributing significantly to innovation, employment generation, and overall economic growth.
India’s fourth-place ranking reinforces its position as one of the fastest-growing innovation-driven economies in the world, with expectations of further growth in the number of unicorns in the coming years.