Global Unicorn Index 2025: USA Leads with 758 Unicorns and India Holds Third Spot with 64.

International

In June 2025, the Shanghai-based Hurun Research Institute released its 7th edition of the Global Unicorn Index 2025. The United States topped the list with 758 unicorns, while India secured third place with 64 unicorns, reflecting its growing prominence in the global startup ecosystem.


      - Hurun’s report recorded a total of 1,523 unicorns worldwide—privately held startups valued at over US $1 billion—operating across 52 countries, marking a 5% increase over 2024. Their combined valuation reached a staggering US $5.6 trillion, up 22% globally.

      - The United States continued its dominance, accounting for nearly 49.8% of the world’s unicorns with 758 companies—a net increase of 55 from the previous year. China followed as the second-largest hub with 343 unicorns, rising by 3 over 2024.

     

Main Point :-   (i) India maintained its position at the third rank with 64 unicorns, a marginal drop from 67 the previous year. Leading Indian cities in unicorn count are Bengaluru (rank 7 globally), Mumbai (22), and Gurugram (27)—reinforcing urban innovation hubs.

      (ii) Sector-wise, global unicorn formation was led by FinTech (197 unicorns), SaaS (151), and AI-driven companies (128). Notably, SpaceX (valued at US $350 bn) and OpenAI (US $300 bn) emerged as the top two most valuable unicorns in the world.

(iii) As unicorn creation continues to accelerate, Hurun noted that nearly one new unicorn emerged every two days during January 2024–January 2025. Investors like Tiger Global, SoftBank, and Sequoia Capital remain the most influential backers in this ecosystem.

          ____________________________