New Delhi, June 5 -- India is the single largest source of immigrant founders behind America's billion-dollar startup companies, with 96 such companies traced to Indian-born entrepreneurs, according to new research from the National Foundation for American Policy. The figure places India ahead of every other nation by a considerable margin and arrives at a moment when US immigration policy is growing more restrictive, raising questions about whether the conditions that produced this concentration of wealth creation remain intact.

The NFAP analysis, which examined the country of origin of founders across all 775 US unicorn companies as of April 2026, found India at the top of the ranking with 96 billion-dollar companies to its name. Israe...