1 hr ago
Indian-Origin Founders Create $560 Billion Global Technology Empire
A new study looked at big private technology companies connected to founders who grew up in India.
It found that these companies are worth about $560 billion outside India under the study’s special calculation.
This does not mean the founders personally have $560 billion.
Most of the companies are based in the United States.
Some were started entirely by India-raised founders, while others had international founding teams.
Many founders studied technical subjects, including at Indian Institutes of Technology campuses.
Most were at least 30 years old when they started their companies.
India also has many large startups of its own, worth about $349 billion under the same calculation.
A Prosus and Dealroom index attributes about $560 billion in value outside India to companies founded by people who grew up in India.
The dataset covers 205 current and former unicorns, including 187 based in the United States.
About 70 companies were founded entirely by India-raised founders, while 135 had mixed founding teams.
Indian Institutes of Technology campuses, especially IIT Delhi, IIT Bombay and IIT Madras, appear frequently in founder education records.
The index also identifies 101 India-based unicorns worth about $349 billion on a founder-attributed basis, bringing the combined figure near $910 billion.
- Who
- Founders who grew up in India, including Rajiv Batra, Jay Chaudhry and Aravind Srinivas.
- What
- A Prosus and Dealroom index estimates about $560 billion in founder-attributed value from 205 overseas unicorns linked to India-raised founders.
- Where
- Most of the companies are based in the United States, while other companies are based in India and elsewhere.
- When
- The figures are from a new Indian Diaspora Index; the articles do not provide a publication date.
- Why
- The index was created to measure the contribution of the Indian diaspora to global technology entrepreneurship.
Key facts
- Overseas companies tracked
- 205 current and former unicorns with at least one founder who grew up in India
- Founder-attributed value abroad
- Approximately $560 billion
- United States share
- 187 of the 205 companies, or 91.2%, are based in the United States
- Fully India-founded companies
- About 70 companies, representing approximately $243 billion in attributed value
- Mixed founding teams
- About 135 companies, representing approximately $317 billion in attributed value
- India-based unicorns
- 101 companies with combined founder-attributed value of approximately $349 billion
- Combined attributed value
- Nearly $910 billion across overseas and India-based companies
Sources
Related news
Indian Founders Create More Value Abroad Than In India
Indian Engineering Colleges Feature Prominently Among Unicorn Founders
India Leads US Immigrant Billionaire Birthplaces With 19
Immigrant Founders Drive America’s Unicorn Economy Amid Tightening Immigration Rules
From Panoh to Zscaler: Jay Chaudhry’s Billion-Dollar Journey
India’s AI Race Gains Momentum, But Jobs Remain Uncertain
Amazon Blocks Meta’s Muse Over Unauthorized Shopping Access
Perplexity CEO Introduces Open-Source Tool to Track Rogue AI Agents
