The newly released Orios Venture Partners’ Report shows over 25% of unicorns in India are carried up by repeat entrepreneurs in India. A large chunk of India’s success in building unicorns (companies above $1 billion valuation) goes to the repeat entrepreneurs also called serial entrepreneurs, the entrepreneurs with expertise from their previous businesses.
The report also highlighted India’s exponential growth to 100+ unicorns which is the third highest in the globe. India is still a global hotspot in technology company value creation. The Orios’s Managing Partner, Rehan Yar Khan further mentioned “Indian technology story will be graduating these unicorns to exits via IPOs”. This means that in the near future, there’s going to be a surge in activities in the respective sector.