Times of Better Bharat

India, measured — every morning · est. 2026

Hurun Global Unicorn Index

Hurun's annual count of unicorns, defined as start-ups founded in the 2000s, valued at US$1bn or more and not yet listed on a public exchange; countries are ranked by the number of unicorns headquartered there. It is a rough gauge of how deep a country's venture-funded start-up ecosystem is. In the 2026 edition India had 61 unicorns and ranked 4th of 52 countries, after the UK moved ahead of it.

India's rank
4 / 52
2026
Change
▼ 1
since 2025
Published by
Hurun Research Institute
annual

Released 25 June 2026; cut-off 1 Jan 2026; UK (70) overtook India for 3rd

Hurun Global Unicorn Index over time

2030405060702019202020212022202320242025202661
2019–2026 · 8 observations · unicorns (count)
View as table
PeriodHurun Global Unicorn Index
202661
202564
202467
202368
2022 Half-Year R68
202154
202021
201921

Rank history

34201920202021202220232024202520264
2019–2026 · 8 observations · higher on the chart is better
View as table
PeriodRank
20264
20253
20243
20233
2022 Half-Year R3
20213
20204
20193

Compared with

United States
806
China
381
India
61
Germany
31
Brazil
16
Japan
9
Indonesia
7
Vietnam
4
Bangladesh
0
Latest available year for each country · unicorns (count)

Source

Hurun Research Institute — https://www.hurun.net/en-US/Rank/HsRankDetails?pagetype=unicorn