Can Silicon Valley still dominate global innovation?

TAKE AN EVENING walk on 17th Cross Road in Bengaluru’s HSR Layout district, and you bump into tech types stepping out of their startup’s office and into one of the local microbreweries. They might work for Udaan (e-commerce), Vedantu (education technology) or another of the growing herd of private startups valued at $1bn, whose proliferation in the area has prompted locals to dub it “Unicorn Street”. That name might be outdated, says Mohit Yadav, co-founder Bolt.Earth, a unicorn wannabe housed in the MyGate building. “Unicorn neighbourhood” would be more apt, he chuckles.