The Indian startup market is in the top three nations in the world based on the number of unicorns or startups with a valuation greater than 1 billion dollars.
As a matter of fact, in the year 2021 alone, India added 42 new unicorns, a 5x jump from only 9 Unicorns in 2019. Yet the Covid-19 era is a mere snapshot into the overall growth of the Indian startup ecosystem and overall economy.
The larger growth story of India shows how this fifth-largest economy in the world is rapidly transforming to account for 16% of the global GDP within the next 40 years.
In this podcast, let us probe the reasons for the giant leap of the Indian startup sector and evaluate India's tryst with its digital destiny.
