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Indian Founders Behind 96 Unicorns in the US, Report Says

NFAP report reveals Indian-origin founders lead 96 of America's billion-dollar unicorn startups.

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HIGHLIGHTS

  • Founders of 96 US unicorn companies are of Indian origin.
  • India is far ahead of Israel (60), the UK (47), and China (41) in this regard.
  • Zscaler founder Jay Chaudhry is the wealthiest Indian entrepreneur on the list.
  • Unicorns are private companies valued at over $1 billion.
Indian Founders Behind 96 Unicorns in the US, Report Says
Washington | Entrepreneurs of Indian origin have set a new record in the American startup ecosystem. According to a recent report by the National Foundation for American Policy (NFAP), founders of 96 unicorn companies in the US are Indian. This number is significantly higher than that of immigrants from any other country.

Indian Talent Dominates the World Stage

Unicorns are private startup companies valued at $1 billion or more. The report reveals that Indian entrepreneurs have left all other countries far behind in this regard.

This achievement is particularly special as it comes at a time when immigration rules in the US have become stricter than before. This has also raised concerns about the future flow of talent.

According to the data, Israel is in second place after India, with its entrepreneurs having built 60 unicorn companies. It is followed by the United Kingdom (47), China (41), and Canada (30).

The report states that out of approximately 5 million Indian immigrants living in the US, there is one person for every 50,000 who has founded a company worth more than $1 billion.

Jay Chaudhry Tops the List

Topping this list is Jay Chaudhry, the founder of the cybersecurity company Zscaler. He achieved this milestone coming from a small village in Himachal Pradesh. His net worth is estimated to be around $13.1 billion.

Jay Chaudhry's success story is an inspiration for entrepreneurs worldwide. He has proven that anything can be achieved with the right vision and hard work.

Other Prominent Names Included

The list also includes Vinod Khosla, co-founder of Sun Microsystems, who later reshaped the investment landscape in Silicon Valley through Khosla Ventures.

Additionally, prominent names like Rakesh Gangwal, co-founder of IndiGo airline, Romesh Wadhwani, founder of Symphony Technology Group, and Aneel Bhusri, co-founder of Workday, are also part of this prestigious list.

This report not only highlights the global success of Indian talent but also proves that Indian entrepreneurs have become key drivers of innovation and growth in the world's largest economy.

*Edit with Google AI Studio