Akshata Sharma
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India currently boasts 115 unicorns - alongwith 116 fast-growing startups that have the potential to become future unicorns in the country. Let's take a closer look at India's unicorn & soonicorn landscape
There are 116 fast-growing startups that have the potential to become future unicorns in the country.
These soonicorns have raised more than $17 Bn+ in funding and have a combined valuation of a whopping $35 Bn+.
India is expected to produce over 280 unicorns by 2030 - an increase of 2.4 times from 2023.
Indian soonicorns have created over 1.26 lakh jobs - where 90% of employment was generated by Bengaluru, Mumbai and Delhi NCR-based soonicorns.
Fintech & Ecommerce will produce the most future unicorns in India. The current soonicorn club has 55 startups from both the sectors combined.
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