![Manya Rathore](https://cdn.statcdn.com/static/../CMS/contactperson/ERI3306_1715692353.png)
Number of new unicorns in India 2015-2023
In 2023, only two Indian companies became unicorns, a sharp drop from 2022. 2021 was a good year for Indian startups, with 45 businesses making it to the unicorn club, the highest since 2015.