What Is a Unicorn Startup? India’s 131 Unicorns Explained

Quick Take A unicorn startup is a private company valued at over $1 billion (Rs 8,300 Cr). India now has 131 unicorns as of May 2026, ranking third in the world. Bengaluru hosts 55 Indian unicorns, with ecommerce and fintech leading all sectors. A unicorn startup is any privately held company valued at over $1…