India has emerged as the third largest startup ecosystem in the world after the US and China and the pace of growth is not showing any signs of slowing down. Over the last year, India has added three unicorns every month taking the total count to 51, ahead of the UK (32) and Germany (18). A privately held startup company valued at over $1 billion is called a unicorn.<\/p>\n\n\n\n
Hurun Research Institute<\/strong> has released the Hurun India Future Unicorn List 2021,<\/strong> as per which India<\/strong> is the third-largest Unicorn\/startup<\/strong> ecosystem in the world. The USA<\/strong> is on top followed by China<\/strong> on second. India has 51 unicorns according to the list. The USA has 396 and China has 277 unicorns.<\/p>\n\n\n\n Zilingo<\/strong> is the top unicorn in the ranking in India with funding of USD 310. The headquarters of Zilingo is in Singapore. Bengaluru<\/strong> is the top Indian city in terms of the number of Unicorns headquartered in a city. Bengaluru has 31 unicorns followed by Mumbai which has 12 unicorns.<\/p>\n","protected":false},"excerpt":{"rendered":" India has emerged as the third largest startup ecosystem in the world after the US and China and the pace of growth is not showing any signs of slowing down. Over the last year, India has added three unicorns every month taking the total count to 51, ahead of the UK (32) and Germany (18). 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