How India Added 11 Unicorns in 2025 — And Why It’s Just the Start

In 2025, India added 11 new unicorns, bringing the total to 73, signaling a shift from merely creating unicorns to building enduring, global companies like decacorns and IPO-ready giants

The ASK Private Wealth Hurun India Unicorn Index 2025 highlights the evolution of India's startup ecosystem into a major economic growth engine worldwide

Fintech companies like Zerodha, Razorpay, and Groww are leading the charge toward decacorn status, focusing on sustainability, profitability, and capital efficiency

Bengaluru remains a dominant hub with 26 unicorns, while IIT-Delhi leads in producing unicorn founders, showing a deepening ecosystem across geographies and sectors

Indian unicorns are significant job creators, employing over 206,000 people, with rising diversity and young founders breaking age barriers in entrepreneurship

A notable trend is the global expansion of Indian startups, with 25 now headquartered overseas, indicating India's startups are no longer confined to local markets

A wave of IPOs is transforming India's startup landscape, with faster regulatory approvals and nearly $20 billion expected to be raised in 2025, promoting sustainable, globally competitive companies

The next phase involves creating decacorns, with companies like Byju’s and Swiggy leading the way, while Tier-2 and Tier-3 city startups are poised to drive future growth

The rise of unicorns and decacorns offers new opportunities and jobs across various sectors, encouraging professionals to remain adaptive and innovative

India's startup narrative is maturing into a global phenomenon, as the country not only participates in the global startup story but actively shapes it