Thread by @Inc42

🎉India’s 100 #UnicornStartups – Today Marks A New Milestone For India’s Startup Economy 🚀

⭐#DigitalIndiaShining #100Unicorns 🦄

1/n

Bengaluru-based #neobanking startup @BankWithOpen became the country’s 100th unicorn after raising $50 Mn from IIFL

@openwithanish @MabelChacko @deenajacob16

#100Unicorns 🦄
2/n

https://twitter.com/Inc42/status/1521036753620119552?s=20&t=lRNujrnlFuGqK3cl4z7iEg

The announcement of the 100th #unicorn in India saw a range of reactions from the ecosystem, with many pointing out the glorious run for startups in the past decade. ⭐

@TVMohandasPai 👇
3/n

https://twitter.com/TVMohandasPai/status/1521023181846368256?s=20&t=Nd4L6QSLhmnY9gULj-o6-A

.@PiyushGoyal, the union minister for industry and commerce, also chimed in to celebrate this major milestone: 🙌

@PiyushGoyalOffc @DPIITGoI @CimGOI @PMOIndia @narendramodi
4/n

https://twitter.com/PiyushGoyal/status/1521026626749874177?s=20&t=OMxPs1JgM05tE6h4WixQOw

Union Minister @ianuragthakur too joined in the celebrations 👇

#DigitalIndiaShining
@Anurag_Office @YASMinistry
5/n

https://twitter.com/ianuragthakur/status/1521057462752714752?s=20&t=psGLK_48EQOIrbCdPRz6gA

With 42 unicorns last year, all previous predictions about unicorns in India were out of the window and the 100th unicorn has come well before expectation!

🦄Meet the #100Unicorns of India 🇮🇳

@PiyushGoyal @amitabhk87 @TVMohandasPai @NITIAayog @DPIITGoI @startupindia @anilarch

India’s #100unicorns have a cumulative valuation of $332.1 Bn, with @Flipkart and @BYJUS being the two highest valued privately-held startups.

And with 100 unicorns coming even before half the year is over, we now believe that 👉 by 2025, India will have 250 #unicorns 🙌

7/n

A record number of unicorns in 2021 had already set high expectations for 2022 and now, all eyes are on the next batch of startups that will make it to the #unicornclub and take it beyond 100.

#DigitalIndiaShining #100Unicorns 🦄
inc42.com/features/india…

To get a closer look at the founders behind these #unicornstartups, the investors, the model, revenues, the funding rounds, changing valuations over time and more, check out our -

🦄Indian Unicorn Tracker ⏬

9/n
inc42.com/the-indian-uni…