Key Points
India, which has the third-largest startup ecosystem in the world, is home to 6 of the world's top 100 unicorns, according to a report released by the Credit Suisse Research Institute today...
The 6 Indian startups that feature on the global top 100 unicorns' list includes BYJUs, Swiggy, OYO Rooms, Dream11, Razorpay, and Ola Cabs...
Valued at $22 billion at the end of December 2022, edtech platform BYJU's is India's most valued startup and world's 12th, according to the list...
Data shows that while the number of unicorns globally increased to 1,204 in 2022 from 959 in 2021, the cumulative valuation of new unicorns decreased to $556.6 billion in 2022 to $1,159.8 billion in the previous year...
The global banker also released the 'Family 1000' report and found that in Asia Pacific ex-Japan, family-owned companies recorded excess returns of 330 basis points per annum over the period...
