Making great strides

▶ India is home to 51 unicorns, up by 25 in 2021, 32 'gazelles' (startups with a valuation of $500 mn to $1 bn) and 54 'cheetahs' (valuation of $200-$500 mn)

▶ Top investors in 'gazelles' and 'cheetahs' are Sequoia and Tiger Global, with 37 and 18 investments, respectively

▶ 11 co-founders are under the age of 30 and 15 above the age of 50

▶ Online retail store Zilingo is the most valuable 'gazelle' and online furniture platform Pepperfry is the most valuable 'cheetah'

▶ E-commerce, Fintech and Saas comprise 49% of the Hurun list

▶ India’s unicorns are now worth $168 bn