Tech unicorns generated US$106 billion

Over the last decade, 44 Indian tech unicorns have produced a value of US$ 106 billion, benefitting the founders, investors, employees, and the economy. Furthermore, according to the Indian Tech Unicorn Report 2020, these start-ups have created more than 1.4 million jobs per annum. Some of these start-ups are MakeMyTrip, Byjus, Ola, and Paytm.
Twelve start-ups including PineLabs, Postman, and Zerodha joined the unicorn club in 2020, the highest ever addition in a year. Paytm maintained its status of the most valuable unicorn in 2020, at a value of US$ 16 billion. Byju’s secured second place.