India has slipped to fourth place in the world’s unicorn rankings, overtaken by the United Kingdom, according to the Hurun Global Unicorn Index 2026, released on Thursday.
India now counts 61 unicorns—companies valued at $1 billion or more that are not yet publicly listed—down by three from last year. The UK climbed to 70 unicorns, up by nine, pushing past India for third place globally, as of the index’s January 1 cut-off. The United States remained the runaway leader with 806 unicorns, followed by China with 381.
