Indian entrepreneurs have emerged as the largest immigrant group behind America's billion-dollar startup ecosystem, founding or co-founding 96 US unicorns, according to a new study that underscores the growing influence of Indian talent on the world's biggest innovation economy.

New research concludes immigrants have founded or cofounded most of America’s privately held startup companies valued at $1 billion or more.

Immigrants are powering a significant portion of America's billion-dollar startups, with 59% founded by immigrants and 66% by immigrants or their children. This innovation engine,…