India is almost at the cusp of being a superpower, especially when it comes to establishing startups. With research and innovation showing no signs of slowing down, and an ironclad economy that is able to withstand global recessions, India is among the most lucrative ecosystems for startups to prosper. Hundreds of MNCs from various industries are setting up their R&D hubs in cities like Delhi, Bengaluru, Mumbai, Hyderabad and many more. India is adding unicorns to its startup world at a steady pace. A government report by Invest India states that India is home to 88 unicorns with a total valuation of $295.99 billion. Out of the total number of unicorns, 44 unicorns with a total valuation of $94.37 billion were born in 2021, and 7 unicorns with a total valuation of $9.12 billion were born in 2022. A stable government, ease of doing business and the availability of abundant…
