India retains third spot in global unicorn list.

Startups are emerging as the new job and wealth creators in the new India.

India continues to reinforce its position as the third largest startup ecosystem across the world, as it added over 1,300 startups in 2019, taking the total number to 8,900-9,300 in the last five years, according to the report 'Indian Tech Startup Ecosystem - Leading Tech in the 20s' by Nasscom.

India also witnessed the addition of 7 unicorns in 2019 till August, taking the total tally up to 24, which is the third highest number of unicorns in a single country in the world. Here are the key highlights of the report.