ASK Personal Wealth and Hurun India’s fifth ‘Unicorn and Future Unicorn Report 2025’ has recognized 73 unicorns (value a minimum of $1 billion) in India in 2025. Apart from this, the report additionally discovered 150 “future” unicorns, who’re near the milestone mark in one other three to 5 years.
The report ranks unlisted Indian startups based within the 2000s, that are value a minimum of ₹1,710 crore this yr, primarily based on their newest funding spherical valuation. Over the previous yr, nearly 11 new unicorns have entered the record, with shopper tech agency Look, reaching the milestone $1.8 billion value in only one yr.
Investor participation has broadened considerably, rising from 182 in 2021 to 1,014 in 2025. Peak XV Companions leads the sector with 42 bets. Whereas employment has practically doubled, with 1.67 lakh folks now working in these firms.
