Indian startups Ecosystem

 Indian startups Ecosystem

India has become the 3rd largest in the world in terms of no.

of Unicorns

1 out of 10 is the Indian unicorns

on 6 may the ministry of commerce and industry  talk about Indian 100 unicorn startup 

neobank (OPEN) startup became 100th Unicorns in India with latest funding $50 million from IIFL 

the 100 unicorns with total valuation of $332.7 billion 

 

Unicorns   is refereed to that startup which attain a 1 billion or more valuation 


In years 2021 the total 44 no of startups was attaind unicorn club throughout the year the total valuation is  $93 billion and in just 5 month of 2022 there are 16 unicorns born with valuation $18.9 billion

 Ministry of india data shows that since the lounch of thr startup india initiative on 16th jaunary 2016 more than 69000   startups has been recognize in the country till 2nd may 2022

In FY 16-17 only one unicone was being added every year over the last 5 years 17,18,19,20,21  this no has been increasing exponentially with 66% year on year grouth 


  

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