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Mumbai, Bangalore and London named among World's top startup hubs

The research shows that Indian startups raised USD 12.1 billion in the first half of this year, demonstrating the rapid growth of India as a global hub for tech and innovation

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Mumbai maintained its first position in the Emerging Ecosystems ranking outperforming other fast-growing ecosystems in areas of funding, performance, market research, and talent. File Pic

Mumbai maintained its first position in the Emerging Ecosystems ranking outperforming other fast-growing ecosystems in areas of funding, performance, market research, and talent. File Pic

London, Mumbai and Bangalore have featured among the world's top startup hubs, according to a comprehensive ranking of international startup hubs compiled by Startup Genome for its annual Global Startup Ecosystem Report 2021. Despite Brexit and the coronavirus pandemic, London maintained its second-place ranking tied with New York for the second year in a row.

Bangalore also ranked in the top 30 global tech hubs (#23 globally) and Delhi made it into the top 40 list, coming in at 36th. Mumbai maintained its first position in the Emerging Ecosystems ranking (ecosystems in earlier stages of growth that have high potential to be global performers in the future), outperforming other fast-growing ecosystems in areas of funding, performance, market research, and talent. Released to coincide with London Tech Week, the largest tech event in Europe, the report ranks the leading 140 startup ecosystems based on seven success factors including Performance, Talent and Connectedness.

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