Mumbai ranks first in the list of top 100 emerging startup ecosystem ranking
Bengaluru, along with Paris and Singapore, stand out for high access as well as quality and activity of funding
NEW DELHI : Indian’s startup capital Bengaluru has been ranked in the world’s top 30 startup ecosystems. Topped by the Silicon Valley in California, Bengaluru is at the 26th spot and the only India city to feature in the list by ‘The Global Startup Ecosystem Report 2020’ by Startup Genome.
While Delhi is in the runner-up category at the 36th spot, Mumbai ranks first in the list of top 100 emerging ecosystem ranking. The list of emerging startup hubs also includes Chennai, Hyderabad and Pune.
Bengaluru, along with Paris and Singapore, stand out for high access as well as quality and activity of funding, the report said. Delhi ranked well for the volume and complexity of patent creation in the analysis, which found London and New York tied for second spot.
The report by Startup Genome, a California-headquartered innovation policy advisory and research firm, analyses cities around the world where early stage startups have the best shot at building global success.
Source: livemint
