Hurun India Future Unicorn List 2021: Sachin Bansal’s Navi, Tata-backed Curefit among 32 who make the list | Here're details

India recorded $26 billion in Venture Capital (VR) funding between January to August in 2021, setting a record for the highest funding ever in the country. In the meantime, the country also averaged three new unicorns per month, according to the Hurun Research Institute.

Out of this, a total of six unicorns were created in mid-April, all within a week. It was known as the “Unicorn Week.”

Bouncing back from the Covid slump, the Indian economy has started growing at a brisk pace once again. India’s GDP grew at 20.1% in the quarter ending June 2021.

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Flipkart co-founder Sachin Bansal's Navi Group -- a financial service company -- found a place at 11 in the list. Meanwhile, multinational conglomerate company Tata backed fitness company Curefit found its place at number 4 in the list.

 A testament to this can also be seen in the “Hurun India Future Unicorn List of 2021.”
 

These startups are ranked according to their latest funding round valuation until August 31, 2021, Hurun India said in a statement. "India’s unicorns are now worth $168 billion, more than the GDP of Telangana at current prices," the report stated.