India-born founders behind 96 US unicorns, highest among immigrants: Study

A new study reports that India-born founders are behind 96 unicorns in the United States, the highest number among immigrant groups. Unicorns are private companies valued at over $1 billion.

The study highlights the significant contribution of Indian immigrants to the US startup ecosystem. These founders have built companies across various sectors, including technology, healthcare, and finance.

The findings underscore the role of immigrant entrepreneurs in driving innovation and economic growth in the United States. India-born founders have consistently been a major force in Silicon Valley and beyond.

The study did not name the specific unicorns or provide a breakdown by industry or state. It focused solely on the number of unicorns founded by immigrants from different countries.