Global

Hurun’s 2025 Global Unicorn Index reveals record-breaking growth, with 1,523 privately held companies valued over $1 billion. The US leads with nearly 50% of the unicorns, followed by China. Software & services dominate, particularly in fintech and AI. SpaceX takes the top spot, followed by ByteDance and OpenAI, highlighting trends in space exploration and artificial intelligence. AI-related unicorns are particularly prominent, with a combined valuation of nearly $1 trillion.

India has surpassed Japan to become the world’s fourth-largest economy, according to the NITI Aayog. Driven by a robust 6.5% growth rate, the economy now exceeds $4 trillion. Government officials project India will be the third-largest economy in three years. This milestone aligns with the nation’s ambition to become a developed country by 2047.