India’s unicorns take off

One symbol of prosperity in the U.S. and China is the rise of unicorns: startups that are valued at US$1 billion or more. Now India is catching up. More than 25 companies in the country have reached this status since 2014, and more will follow. As they mature, the Indian startup culture is maturing with them, and these changes in the country’s economy will affect the world around them. For more insights, read “India’s new unicorns.”