India

This is why India's start-up economy is booming

An Indian soldier takes pictures of illuminated Indian Defence Ministry (L) and Home Ministry buildings during a rehearsal for the "Beating the Retreat" ceremony in New Delhi January 24, 2010. The ceremony, held every year on January 29, marks the official end of the Indian Republic Day celebrations. REUTERS/Adnan Abidi (INDIA - Tags: MILITARY CITYSCAPE SOCIETY ANNIVERSARY IMAGES OF THE DAY) - GM1E61O1NKN01

India had 26 unicorns, with eight new entrants joining the club in 2018 alone. Image: REUTERS/Adnan Abidi

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