India will have over 250 unicorns by 2025, says Iron Pillar report

The public listing of 12 Unicorns is another indicator of the increasing maturity of the Indian tech ecosystem

India will have more than 250 Unicorns by 2025. This prediction comes from the proprietary data analysis of venture growth investor, Iron Pillar, in its Tech Unicorns Market Landscape Report IV. InMobi was India’s first unicorn in 2011. Since then, 129 startups have joined this star status, of which 100 were added from January 2019, generating a total value of $535 billion. 

Entrepreneurs are building bigger enterprises at a faster rate -- 50 per cent of the 130 companies reached unicorn status in the first five years after their initial institutional fundraising. The public listing of 12 Unicorns is another