**India to Have 60,000 Start-ups, 100 Unicorns by 2025: TiE**

India is expected to have 60,000 start-ups and 100 companies with valuation of over USD 1 billion by 2025, a TiE Global report, in association with Zinnov, released on Wednesday said. The report observed that business recovery of start-ups is back on track after the lockdown. However, 12-15 per cent of start-ups are facing risk of survival and a similar percentage of start-ups have closed their business.