National Startup Day 2025: Mapping India’s unicorn journey over the decade
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The quick growth of India’s startup ecosystem can be attributed to a combination of factors, including a digitally-savvy population, rising venture capital (VC) investments and a growing culture of innovation. These factors have collectively created an environment helpful to the emergence and scaling of startups.
Cities like Bengaluru, Delhi-NCR, Mumbai, Hyderabad and Chennai have emerged as major hubs of entrepreneurial activity. They serve as centres for talent, funding and innovative business ideas, solidifying India’s position as a global leader in the startup landscape.
Unicorn growth and valuation
Data from executive search firm Longhouse Consulting reveals that India is positioned as a global innovation hub, with 120 unicorns collectively valued at around $350 billion. The total number of unicorns is expected to grow 2.5 times by 2030, reaching 280, driven by major thematic factors.
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