According to Hurun Global Unicorn List 2019, India, with 21 unicorns, has emerged as third largest ecosystems for more successful start ups right behind China and US but ahead of Britain and Israel.
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Hurun Research found 494 unicorns in the world, based in 25 countries and 118 cities. Set up seven years ago on average, they are worth $3.4 billion on average and $1.7 trillion in total.
With 21 unicorns, India has emerged as third largest ecosystems for more successful start ups right behind China and US but ahead of Britain and Israel.
Leading the pack from the India are payments solutions platform One97 Communications ($10 billion), cab aggregator Ola Cabs ($6 billion), online educator Byjus ($6 billion), and travel-stay finder OYO Rooms ($5 billion).
China pipped the USA to lead by 206 versus 203, together accounting for over 80 per cent of the worlds unicorns. Europe has 35 unicorns.
City wise, Beijing is the worlds unicorn capital with 82 unicorns.
As a region, Silicon Valley leads the world with 102 or 21 per cent of the worlds unicorns.
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