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India overtakes UK to emerge with third highest number of unicorns in 2021

India’s unicorn list was headed by edtech platform Byju’s with a valuation of $21 billion.

India has overtaken the UK to come in third place for most unicorns added in the year 2021 at 54, led by edtech platform Byju’s with a valuation of $21 billion, mobile ad-tech firm InMobi worth $12 billion, and hotel platform OYO Rooms worth $9.5 billion. This represents an increase of 33 from last year, according to the Hurun Global Unicorn Index 2021. Bengaluru features seventh in the list as the city with the most number of unicorns in the world with 28 unicorns.

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