India has 4th highest unicorns globally at 21, valued at $73.2 billion, US with 233 unicorns tops: Hurun Global Unicorn List 2020

On 4th August 2020, the Hurun Research Institute released Hurun Global Unicorn List 2020, a global ranking of the world’s billion-dollar tech startups founded in the 2000s, and not yet listed on a public exchange..
The 2020 list is the second edition of the annual list and has ranked a total of 586 unicorns in the world, based in 29 countries and 145 cities.
The total value of these unicorns adds to US$1.8 trillion, which is equivalent to the GDP of Italy.
The average age of these unicorns is nine years. The valuations of the startups is as on March 31, 2020.
The United States has the highest number of Unicorns, at 233, followed by China at 227. These two countries represents 80% of the world’s known unicorns.
The United Kingdom was third with 24, followed by India at fourth position with 21 unicorns.

India in the list

As per the latest ranking, India is home to 21 unicorns. The total value of these stands at $73.2 billion.
Among all Indian unicorns, the Fintech company Paytm is India’s highest valued unicorn, at $16 billion.
The top 10 Indian unicorns accounts for 78 percent of the total value of unicorns, while Paytm alone claims nearly 22 percent of the total valuation share of these unicorns.
The average age of Indian unicorns is seven years.
Ola Electric is the youngest unicorn on the list which was founded in 2017.

World’s top most startup

Alibaba Group affiliate Ant Group is the world’s most valuable billion-dollar startup, valued at $150 billion

Top 10 Indian Unicorns