India’s Unicorn Club by National Institute of Design, Ahmedabad

India’s Unicorn Club showcases the remarkable growth and evolution of Indian unicorn companies from 2011 to 2022. A "unicorn" refers to a privately held startup that has achieved a valuation of $1 billion or more. This term signifies the rarity of such companies, just like unicorns.

According to the data from Venture Intelligence Unicorn Tracker, in May 2022, India ranks third globally in terms of unicorn count, a testament to the rapid expansion of its startup ecosystem. The country has achieved a significant milestone of 100 unicorns, collectively valued at an impressive $332.7 billion. These startups are revolutionizing industries such as fintech, e-commerce, edtech, healthtech, and enterprise solutions, offering cutting-edge technologies and disruptive business models. Their impact extends beyond innovation, as they also play a crucial role in generating employment, fostering economic growth, and attracting global investments.

This visualization offers insight into the increasing number of these unicorns, highlighting their achievements, potential, and contributions to the Indian economy. The rise of Indian unicorns reflects the nation’s growing influence in the startup landscape, demonstrating its capability to nurture high-potential businesses. Their success is a strong indicator of India's entrepreneurial spirit, further solidifying its position as a major player in the global innovation ecosystem.