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Immigrants behind over half of America’s billion dollar companies: Report

Titled “Immigrant Entrepreneurs and U.S. Billion-Dollar Companies,” , the research found that India, with 66 companies, is the leading country of origin for the immigrant founders of U.S. billion-dollar companies

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A new research by the National Foundation for American Policy (NFAP) has found that immigrants have founded or cofounded more than half (64 percent) of  American companies valued at US $1 billion or more.

Speaking about the relevance of the findings at a time when US Immigration policies are being stringent, Stuart Anderson the author of the study and NFAP’s executive director said, “The research shows the importance of immigrants in cutting-edge companies and the U.S. economy at a time when U.S. immigration policies have pushed talent to other countries for talent.”

The research names ten immigrants who have founded multiple billion-dollar companies including four from India namely, Mohit Aron (Nutanix and Cohesity), Ashutosh Garg (Bloomreach and, Ajeet Singh (Nutanix and ThoughtSpot), and Jyoti Bansal (AppDynamics and Harness).

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