Indian startups to employ 3.25 million people; over 150 unicorns by 2025

The Indian startup ecosystem, the third-largest in the world, is set to see a 3x growth in valuation from $315 billion currently to $ 1 trillion by 2025, according to a report by 3one4 Capital.

India's startup domain is poised to gain further momentum after the unprecedented funding boom created 20 unicorns, or private firms valued at $1 billion or more, this year.

By 2025, the Indian startup ecosystem is set to witness three-fold growth in valuation and a substantial rise in the number of Unicorns, which currently stands at 59, according to a report by early-stage venture capital fund 3one4 Capital.

The number of startups will jump to 100,000 in 2025 from about 55,000 currently, the report said. They will attract investment of a whopping $100 billion between 2021 and 2025, employ 3.25 million people and become the second-largest ecosystem in the world after the United States, it said, adding that India will be home to over 150 Unicorns.

As of today, India's Unicorns have created $180 billion in value. By 2025, this number is set to grow to $ 621.9 billion. Soonicorns, or potential unicorns, are likely to be valued at $114.2 billion in 2025 from the current $ 41.3 billion. Startups too will see a two-fold growth from the current valuation of $ 50 billion to $ 100 billion by 2025, the report adds.