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India is the 3rd largest unicorn hub globally with Flipkart among the top 10

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Soma Tah
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The US is home to 98 of 172 unicorn companies that are valued at $1 billion and more, according to CB Insights rankings.

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The second unicorn hub is China, home to 30 unicorns.

India shares the third spot along with the UK, with seven unicorns each. But, interestingly, companies based in India are valued much higher.

Germany and Singapore comes in the fourth and fifth spots with five and three unicorns respectively.

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The highest valued unicorn is US-based Uber with its $68 billions valuation, while the second and third largest unicorns are China's Xiaomi and Didi Chuxing with $46 billions and $36 billions valuations respectively.

While, the top 10 list is governed by China & US, the only Indian entry to the list is Flipkart at the tenth spot with $16 billion valuation.

Other Indian names on the list include Snapdeal at $7 billion, Olacabs at $5 billion, One97 Communications (Paytm) at $4 billion, Hike at 14 billion, Shopclues at $1.1 billion and Zomato Media at $1 billion.

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As is clear from Indian list itself, e-commerce companies clearly rule the list. The global billion dollar startup list has total 172 unicorns valued at $623 billion, of which 35 are e-commerce companies.

Next comes in software and services with 28 unicorns followed by Fintech with 19 unicorns in the list.

flipkart fintech paytm e-commerce uber snapdeal xiaomi