IITs world's 4th largest producer of billion-dollar startups
Indian Institutes of Technology (IITs) have been ranked the world's fourth largest producer of billion-dollar startups, according to a study by UK-based accounting company Sage. IIT alumnus accounts for 12 billion-dollar startups including Flipkart, Snapdeal, ShopClues, Zomato and Ola. Stanford University topped the list with 51, followed by Harvard University and The University of California.