33 Indian startups gained unicorn status in 2021, despite of Covid-19 lockdowns and work from home policy.
According to Hurun's Global Unicorn Index 2021, India's total unicorn count reached 54, leaving behind the U.K. to become the country with third-largest number of unicorns.
Online learning platform Byju's at $21 billion, it was India's most-esteemed startup according to the ranking and inmobi is at $12 billion and OYO Rooms at $9.5 billion.
Excluding, Indians who are leaving outside of India founded nearly 65 startups that secured $1-billion valuation bar.
“India's in the midst of a startup boom, more than doubling its unicorns," Anas Rahman Junaid, managing director and chief researcher at Hurun India, said.
"The percentage of homegrown unicorns has increased from one third to 45%, suggesting that the startup ecosystem in India is maturing" was also mentioned by Hurun india.