Indian founders account for $560B unicorn valuation overseas: report
The Diaspora Index by Prosus and Dealroom reveals the deep inroads by Indians founding companies overseas
Indian founders have collectively contributed $560 billion in valuation to over 200 unicorns located overseas, according to a new report from Prosus and Dealroom. This figure is based on an indicative calculation that divides each company's valuation equally among its founders, then assigns a portion to Indian-origin founders, regardless of their actual ownership stake.
In contrast, Indian-based unicorns hold approximately $349 billion in founder-share value, driven by companies like Flipkart, Zomato, and Groww. The report also highlights that 70 unicorns valued at $243 billion were founded entirely by Indian individuals, such as those behind Zscaler, Rubrik, Nutanix, and Skild.
Additionally, 135 unicorns with Indian-origin founders on their core teams, including those at Palo Alto, Bloom Energy, Astera Labs, and Perplexity, contributed another $317 billion. Saurav Jain, a Principal Investor at Prosus India, emphasized the potential of Indian founders to harness technology and local insight to create impactful businesses on a global scale.
The report also noted that, while the majority of companies founded by Indian-origin founders are based in the United States (62%), 200 of the analyzed 323 companies have either been started or relocated there, making it the primary ecosystem for these high-value enterprises.
Written by urgent.news from YourStory's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
