India, May 23 -- India recently crossed the milestone of minting 100 unicorns, becoming only the third country in the world to do so after the US and China.

India's journey to 100 unicorns started in 2011 with the first unicorn, InMobi.

Ecommerce giant Flipkart soon followed suit, becoming the second Indian unicorn. Soon, a flurry of startups such as Mu Sigma, Ola and others attained a $1 Bn valuation.

Come 2021, and the funding amount reached $42 Bn, startup launches crossed 1,500 and most importantly, unicorns minted in a calendar year hit an unprecedented 44.

While 2022 has seen a slowdown in startup funding, 14 Indian startups have already crossed unicorn valuation this year, taking the number to 100 in a decade.

Days ago, we loo...