India emerges a hub for start-ups
- IBEF
- November 7, 2016
New Delhi: India has emerged as the third largest technology startup hub in the world in terms of number of tech-startups, just behind the US and the UK, according to a report by Assocham in association with Thought Arbitrage Research Institute. The US has more than 47,000 technology driven startups followed by the UK with over 4,500 and India with over 4,200 startups. Bengaluru is host to the largest number of technology startups in the country, followed by Delhi NCR and Mumbai, while Hyderabad and Chennai are also quite popular among budding tech entrepreneurs. Bengaluru is host to 26 per cent of domestic tech startups, followed by Delhi NCR (23 per cent), Mumbai (17 per cent), Hyderabad (8 per cent), Chennai (6 per cent) and Pune (6 per cent). In terms of total number of startups, including both tech and non-tech, India stands among the five largest hosts in the world with around 10,000 startups.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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