India 17th in global startup ecosystem, up from 37: Report

  • In News
  • April 21, 2019

According to data released by StartupBlink, India moved up to 17th position in 2018 from 37th spot last year in the Startup Ecosystem Ranking for 2019. India ranks 17 globally among 100 countries, based on the strength of its startup ecosystem, according to StartupBlink, which tracks startup ecosystems on a number of parameters. It used data from startups, accelerators and coworking spaces registered on it platforms as well as data received from global partners such as Crunchbase and SimilarWeb.

In terms of global rankings, the top three spots remained unchanged with the United States, United Kingdom and Canada taking the first, second and third rank respectively. The report has taken the startup ecosystems of 1,000 cities and 100 countries into consideration.

In StartupBlink’s cities ranking, six Indian entries made it to top 100. Bengaluru was as the top startup city in India at 11th, while New Delhi followed in the 18th spot. Mumbai stood at 29th rank, while Chennai, Hyderabad and Pune also made it to top 100.

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