Over 25% of unicorns in India have been set up by repeat founders: Report

About 25.2 per cent of unicorns in India have been founded by entrepreneurs who have already set up  businesses before, according to a report by venture capital firm Orios Venture Partners. These founders bring with them the expertise and experience of running a business.

“Such successful Unicorn founders can also be called serial entrepreneurs,” said the ‘Indian Unicorns and Exits Tech Report 2022’ by Orios. “This expertise is what helped India become the third nation to have 100 unicorns, including the 24 that emerged in 2022. Today, one unicorn out of every thirteen is born in India.”

The report said