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Indians Are the Highest Builders of ‘Unicorn’ Companies in the US on the List of Foreign-Born Founders

A new report by CB Insights found that Indian-born founders have founded more unicorn companies in the US than any other nationality. A unicorn is a privately held startup company valued at over $1 billion.

 

 

The report found that there are currently 102 unicorn companies in the US with Indian-born founders. This is more than any other nationality, including Chinese, Israeli, and Canadian founders.

The report also found that Indian-born founders are more likely to found unicorn companies in the technology sector. Of the 102 unicorn companies with Indian-born founders, 67 are in the technology sector.

The report’s findings suggest that Indian-born entrepreneurs are playing an increasingly important role in the US startup ecosystem. They are not only founding more unicorn companies, but they are also founding them in the most important sectors of the economy.

 

There are a number of factors that may be contributing to the success of Indian-born entrepreneurs in the US. These factors include:

  • The quality of Indian education: India has a strong educational system that produces highly skilled engineers and entrepreneurs.
  • India’s entrepreneurial culture: India has a long history of entrepreneurship, and this culture is being exported to the United States by Indian immigrants.
  • The availability of venture capital: There is a growing pool of venture capital available to Indian-born entrepreneurs in the US.

 

The success of Indian-born entrepreneurs in the US is good news for the US economy. These entrepreneurs are creating jobs, driving innovation, and contributing to the tax base. They are also helping to diversify the US startup ecosystem.

The report’s findings also suggest that the US is a welcoming environment for immigrants who want to start businesses. The US has a strong entrepreneurial culture, and there is a growing pool of venture capital available to immigrant entrepreneurs.

If you are an Indian-born entrepreneur who is thinking about starting a business in the US, the report’s findings suggest that you are in good company. There are many other Indian-born entrepreneurs who have successfully founded businesses in the US, and there are many resources available to help you succeed.

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