How Indian-Americans became the titans of unicorns in the US – Times of India

How Indian-Americans became the titans of unicorns in the US
Indian entrepreneurs are not only economic contributors but also cultural bridges between India and the US. (AI image for representation only)

In the last five years, indio Americans have quietly risen as champions of the unicorns – billion dollar startups – ecosystem, transforming Silicon Valley boardrooms in global innovation centers.
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  • According to a report by IndiasporaIndian immigrants founded or co-founded 72 of the 358 unicorns that emerged in the United States as of 2018, making them the most prolific immigrant founders in the unicorn universe.
  • This impressive figure represents approximately 20% of immigrant-founded unicorns in the US, highlighting the unique contributions of Entrepreneurs of Indian origin to the American innovation landscape.
  • Collectively, these unicorns are valued at over $195 billion and employ approximately 55,000 people, making Indian-Americans a formidable force in the entrepreneurial world.
  • These aren’t just tech wizards chasing the next big IPO. They are storytellers, risk-takers and cross-cultural navigators who have seamlessly blended the hustle and bustle of Mumbai’s markets with the ambition of Wall Street.
  • With valuations topping $195 billion, Indian-led unicorns have become not only economic powerhouses, but symbols of a new kind of American dream—one that speaks the language of code, venture capital, and the insatiable drive for success of a diaspora.
Source: Indian Diaspora in the United States

Why it matters

  • The remarkable rise of Indian-American founders in the unicorn landscape is a testament to their pivotal role in driving US innovation, economic growth and technological progress.
  • Despite making up just 1.5% of the US population, Indian-Americans are vastly overrepresented in high-impact entrepreneurial roles, reshaping industries like enterprise technology, healthcare, fintech and consumer goods.
  • Their influence underscores the broader impact of the Indian diaspora on the US economy and society, particularly in the future-defining sectors of business and technology.
Source: Indian Diaspora in the United States

A new vanguard of leadership

  • Indian-Americans are not just construction companies; drive them to unprecedented levels. In 2023, sixteen Fortune 500 companies had CEOs of Indian origin, a testament to the growing corporate influence of the community.
  • From Microsoft’s Satya Nadella to Alphabet’s Sundar Pichai, these leaders are redefining what it means to lead America’s biggest companies.
  • The presence of Indian CEOs in corporate America is not just a statistical quirk, but a statement about the kind of leadership the modern business world craves: bold, diverse and globally minded.
Source: Indian Diaspora in the United States

From the Bay Area to Bengaluru

  • Silicon Valley’s appeal has always been its promise: come here, bring your ideas, and the sky’s the limit. For Indian founders, this promise was a lifeline and a springboard. Companies like workforce management platform Rippling and healthcare tech giant Innovaccer are reshaping their respective industries with the kind of disruptive flair that would make any VC swoon.
  • These founders often carry a hybrid identity, a fusion of Ivy League polish and entrepreneurial grit honed in India’s teeming cities.
  • “Approximately 20% of Indian unicorns and many startups have co-founders who have used US higher education in successful ventures,” the report said.
  • These entrepreneurs are channeling degrees from institutions like Stanford and MIT into projects that cover everything from artificial intelligence to financial technology. PhonePe and The dream 11 are living examples of US-educated founders turning their dreams into reality in India.
Source: Indian Diaspora in the United States

The big picture

  • Indian-Americans have long been associated with educational excellence, professional success, and a strong presence in high-skill sectors such as technology, medicine, and engineering.
  • Nearly 78 percent of Indian Americans hold at least a bachelor’s degree—more than double the U.S. national average of 36 percent. This focus on education and achievement has created a pipeline of talent fueling leadership roles at some of the world’s most innovative companies. With approximately 320,000 work visas allocated to Indian professionals in 2022-2023,
  • People of Indian origin account for 73% of high-skilled work visa holders, reflecting their critical role in filling talent gaps in key US industries.
  • This strong educational foundation has translated into entrepreneurial success, especially in the startup ecosystem. Indian-Americans have founded unicorns spanning a wide range of sectors, demonstrating a versatile and innovative spirit.
Source: Indian Diaspora in the United States

What’s next
The future looks bright for Indian-American entrepreneurs as they continue to expand their influence in the US and global markets. The trend toward deepening US-India ties, particularly in the technology sector, will likely fuel new opportunities for collaboration and growth. The success of Indian-origin unicorns sets the stage for even more dynamic interactions between the two countries as talent, capital and ideas flow across borders.
With both nations increasingly looking to each other as strategic partners, there is immense potential for Indian-American founders to tap into burgeoning markets in areas such as artificial intelligence, biotechnology and clean energy. The ongoing expansion of the Indo-US Economic Corridor will add to this momentum, fostering an environment where innovation thrives. As US companies invest in India to access its growing customer base and skilled workforce, and Indian companies continue to invest in the US, the entrepreneurial landscape for Indian-Americans will only become more vibrant.


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