- India ranks third globally with 72 unicorn companies, following the US (668) and China (172), according to Forex.com’s report sourced from CB Insights.
- Despite India’s lower average unicorn valuation at $2.72 billion, Indian unicorns collectively contribute 5% to the global unicorn valuation, highlighting their significance.
- The US leads the global unicorn count with 668 companies, commanding over half (54%) of the total unicorn valuation, exceeding $2 trillion.
- Enterprise tech dominates the unicorn landscape globally, with 377 companies worth over $1 trillion, led by Canva, valued at $40 billion, ranking fifth among all unicorn companies.
- Financial services feature 216 unicorns valued at $706 billion, with Stripe leading at $50 billion, while consumer and retail rank third with over $631 billion, led by Shein at $66 billion, which surpasses the combined valuation of all insurance industry unicorns.