Context:
According to the latest Startup Ecosystem Report-2025, Uttar Pradesh has secured the third position in the country’s startup ecosystem, with 26 startups achieving unicorn status.
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- More than 25 industrial policies have been implemented in Uttar Pradesh to attract investors, and their results are beginning to show.
- According to the latest Report Uttar Pradesh has seen unexpected changes in its startup ecosystem.
- As a result, over 14,000 startups have emerged in the state.
- Entrepreneurs starting startups in 49 districts of Uttar Pradesh are aged between 25 and 40 years.
- Uttar Pradesh is the first state in the country to achieve this feat.
- The number of startups recognized by the Central Department for Promotion of Industry and Internal Trade is growing in the state.
- Uttar Pradesh has the fourth largest startup ecosystem in India, following Maharashtra, Karnataka, and Delhi.
- Uttar Pradesh’s share in recognized startups is 9.6 percent, while Delhi is ahead with 10 percent and Karnataka with 10.6 percent.
- In the next two years, Uttar Pradesh is expected to become the second-largest startup state in the country.
- This achievement will be driven by the state’s huge market, excellent infrastructure, and a large number of trained manpower.
- Major startups like India Mart, InfoEdge, Innovaker, Pine Labs, MogliX, PW, Paytm, Physicswala, and Rate Gain started from Uttar Pradesh and have become unicorns.
- Other unicorns from Uttar Pradesh include Inshorts, Classplay, Arya, AG, Cretanyx, and LambdaTest.
- Unicorn startups are those with a net worth exceeding one billion dollars.
- Soonicorns are startups that are on the verge of reaching a one-billion-dollar valuation.
- Number of startups with net worth over $1 billion:
- 40 in Maharashtra, 36 in Delhi, 26 in UP, 23 in Rajasthan and 221 in Tamil Nadu
- Top 10 startups in Uttar Pradesh:
| City | Number of Startups |
| Noida | 3418 |
| Lucknow | 1789 |
| Ghaziabad | 1582 |
| Kanpur | 586 |
| Varanasi | 406 |
| Agra | 359 |
| Meerut | 291 |
| Prayagraj | 283 |
| Gorakhpur | 201 |
| Bareilly | 177 |