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India has some of the highest number of unicorns and gazelles, according to Hurun’s Global Unicorn Index 2023. India bagged the third spot with 68 new unicorns, which is third only to the US' 666 unicorns and China’s 316. However, none of the Indian startups made it to the top 10 list. India’s 68 new unicorns is an increase of 14 unicorns in one year and 47 per cent since pre-COVID. According to the report, the top-most unicorn in India is online educator BYJU’S that is worth $22 billion, followed by food delivery platform Swiggy and fantasy sports platform Dream11, both valued at $8 billion each.
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