When it comes to the world’s most valuable unicorns, the United States continues to dominate the global rankings. Meanwhile, China has rapidly emerged as another major force in the startup ecosystem. Together, the two countries account for the bulk of the world’s highest-valued privately held companies. However, the latest Crunchbase rankings also offer an interesting insight into India’s growing presence in the global unicorn landscape.
Which countries dominate the world’s most valuable unicorns?
According to Crunchbase, US-based Anthropic is the world’s most valuable unicorn with a valuation of USD 96.5 billion. OpenAI follows in second place at USD 85.2 billion. China’s ByteDance ranks third with a valuation of USD 48 billion. The fourth position is held by US fintech company Stripe at USD 15.9 billion, while China’s Ant Group is fifth with USD 15 billion. Another US company, Databricks, ranks sixth at USD 13.4 billion, followed by autonomous driving firm Waymo in seventh place with a valuation of USD 12.6 billion. China also has a third representative on the list with SHEIN, which is ranked 10th at USD 6.6 billion.
Why Indian company is among world’s top unicorns?
Reliance Retail is India’s highest-ranked unicorn on the list, securing the eighth position with a valuation of USD 10.1 billion. The company has grown into India’s largest retail business with operations spanning grocery, fashion, electronics and digital commerce. British fintech company Revolut is ranked ninth with a valuation of USD 7.5 billion, placing Reliance Retail ahead of several globally recognised private companies.
How did Reliance Jio help India secure a place in the global unicorn rankings?
Reliance Jio is ranked 12th with a valuation of USD 5.8 billion, making it the second Indian company on the list. The telecom company has played a key role in expanding digital connectivity across India and remains one of the country’s largest telecom operators. US defence technology company Anduril Industries is ranked 11th with a valuation of USD 6.1 billion. Financial technology firm Ramp is 13th at USD 4.4 billion, followed by Australia’s Canva at USD 4.2 billion and Britain’s Checkout.com at USD 4 billion.
First published on: Jun 27, 2026 07:59 PM IST
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About the Author
Mamta Singh
Mamta Singh is a senior journalist with over 17 years of experience in the media industry, specializing in business and financial journalism. She holds a Master’s degree in Broadcast Journalism and has built a distinguished career across print, digital, and broadcast media. Over the years, she has worked with leading media organizations, including The Economic Times, Business Bhaskar, and Dainik Jagran, covering corporate affairs, markets, the economy, and policy developments. In addition to her journalism career, Mamta has also worked as a Radio Jockey with BAG Films. She is known for her insightful reporting, editorial expertise, and strong communication skills across multiple media platforms.
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