2 hrs ago

Indian Engineering Colleges Feature Prominently Among Unicorn Founders

A study looked at where founders of many billion-dollar companies studied.

IIT Delhi appeared most often, followed by Stanford University, IIT Bombay and IIT Madras.

Some founders studied at several universities, so the numbers count education records rather than unique people.

Many founders studied engineering or another technical subject.

Others attended business schools or universities outside India.

The study included companies built both in India and in other countries.

Many founders started their companies after gaining education and work experience.

The data shows common patterns, but it does not prove that attending a particular university causes someone to build a unicorn.

Key facts

Leading institution: IIT Delhi had 47 founder records, the highest among the listed institutions.
Top institutions: The 12 leading institutions accounted for 307 of 600 education records.
Unicorn coverage: The dataset included 615 founder-company seats across 305 unicorns.
Company locations: 336 companies were built abroad and 279 were built in India.
Overseas unicorns: 205 current and former overseas unicorns had at least one founder who grew up in India; 187 were based in the United States.
Founder-company value: The overseas companies had approximately $560 billion in founder-share-attributed value under the study's methodology.
Age at founding: 268 of 383 records with age estimates involved founders who started companies at age 30 or older.

financialexpress.com · 2 hrs ago