New Delhi: The Hurun Research Institute today released the Hurun India Future Unicorn List 2021, a ranking of India’s start-ups founded within the 2000s, worth a minimum of US$200mn, not yet listed on a public exchange and presumably to ‘go unicorn’ within 2 years (Gazelles) or 4 years (Cheetahs). As per the report, India is that the third largest Unicorn ecosystem within the world after US and China.
For the unversed, Hurun India Future Unicorn List 2021 may be a snapshot of India’s start-up ecosystem. this is often an inventory of the foremost valuable private equity or venture capital-funded companies in India founded after 2000, ranked consistent with their latest funding round valuation. so as to enter the list, the start-up is required to possess a worth of US$200mn (Rs 1,500 crore).
Hurun India report said, “India is that the third largest Unicorn ecosystem within the world and therefore the number of Gazelles and Cheetahs in India is growing at an exponential pace. Over the last year, India added circa 3 Unicorns monthly .”
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