ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Indian unicornsSubscribe to Indian unicorns

The Growth of Unicorns

Using a novel database, the article examines the characteristics of Indian unicorns in a global perspective. The total valuation of unicorns currently approximates $3.4 trillion. Multivariate regressions highlight the importance of city start-up environment, finance and cost as key drivers. India does not appear to exhibit a significantly different valuation from its global peers, although when looked at with respect to the gross domestic product, its valuation is 10% higher, on average.

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