India’s tryst with the start-up universe began in 1998 when the Sabeer Bhatia-led Hotmail was acquired by Microsoft for an estimated $400 million. Since then, we have seen a number of instances of Indian start-ups becoming global giants, especially in the field of IT/Technology. India is today home to 21 unicorns as per the Hurun Global Unicorn List, 2020, which are collectively valued at $73.2 billion1. These success stories, as well as a push from the government, have encouraged young Indians across the spectrum to walk the path of entrepreneurship.
