- Hurun Research Institute has released the Hurun India Future Unicorn List 2021, as per which India is the third-largest Unicorn/startup ecosystem in the world.
- The USA is on top, followed by China on second.
- India has 51 unicorns according to the list.
- The USA has 396 and China has 277 unicorns. Zilingo is the pinnacle unicorn in the ranking in India with funding of USD 310.
- The headquarters of Zilingo is in Singapore. Bengaluru is the top Indian metropolis in terms of the variety of Unicorns headquartered in the city.
- Bengaluru has 31 unicorns followed by Mumbai which has 12 unicorns.
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Economics