India-Born Entrepreneurs Lead Among Immigrant Founders of US Unicorns: Report

India-born entrepreneurs have emerged as a dominant force among immigrant founders of unicorns in the United States, according to a recent report. The study reveals that 96 unicorns, or privately held companies valued at over $1 billion, were founded or co-founded by individuals of Indian origin. This marks the largest contribution by any immigrant group to the US unicorn ecosystem.

The report further highlights that approximately two-thirds, or 66 per cent, of all unicorns in the US were established by immigrants or their children. This underscores the significant role of immigrant communities in driving innovation and entrepreneurship in the country.

The findings shed light on the entrepreneurial impact of India-born individuals, who have consistently contributed to the growth of high-value companies across various sectors. The report also positions this group as a key driver of economic and technological advancements in the US.

The study offers a broader perspective on the contributions of immigrant founders, emphasizing their integral role in shaping the US startup landscape. With 96 unicorns attributed to India-born entrepreneurs, the data highlights their leadership in fostering innovation and creating billion-dollar enterprises.

For further details, the full report can be accessed on NDTV's website.