Startup ecosystem report card: 44 unicorns with $106 billion value in 10 years; this many jobs created
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Startup ecosystem report card: 44 unicorns with $106 billion value in 10 years; this many jobs created

Bengaluru was home to 41 per cent of Indian unicorns while 34 per cent were based in Delhi NCR. (Image: Bloomberg)

India’s tech startup ecosystem is approximately 15-year-old with the likes of JustDial and Naukri.com among its early lot of internet enterprises. It took around another 15 years for the country to get its first unicorn – MakeMyTrip in 2010. Since then, the ecosystem has churned out 44 such one-horned digital entities that have cumulatively created around $106 billion value so far and over 1.4 million direct and indirect employment annually, according to venture capital fund Orios Venture Partners. Among prominent early-stage VCs, Orios was associated with startups including Ola, Druva, Zostel, Pretty Secrets, PharmEasy,…

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