Hurun Global Startup Index 2023: India fourth-largest home to ‘cheetahs’ in the world

CNBC TV18

By Priyanka Deshpande

Published Dec 26, 2023

Hurun recently released its first Global Cheetah Index – a list of the world’s startups most likely to become unicorns within five years.

A startup from the 2000s, not yet listed and most likely to become a unicorn within five years.

Cheetah vs Gazelle vs Unicorn

CHEETAH

A startup from the 2000s, not yet listed and most likely to become a unicorn within three years.

Cheetah vs Gazelle vs Unicorn

GAZELLE

A startup from the 2000s, worth at least a billion dollars and not yet listed on a public exchange.

Cheetah vs Gazelle vs Unicorn

UNICORN

As per the report, India ranks as the fourth-largest cheetah with 36 startups most likely to become a unicorn within five years.

India is home 5% of the world’s unicorns, 7% of gazelles, and 4.8% of cheetahs.

Bengaluru emerged as the home to the startup ecosystem in India, hosting 21 cheetah startups.

Bengaluru hosts 2.4% of global unicorns, 3.2% of gazelles, and 2.8% of cheetahs.