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Bengaluru most hospitable to tech start-ups

By Swati Deshpande,

Added 24 August 2016

NCR, Mumbai are next in line

innovation

Bengaluru is host to the largest share of technology driven start-ups, followed by the Delhi NCR and Mumbai while Hyderabad and Chennai are also quite popular among the techies who are budding entrepreneurs, according to an ASSOCHAM study.

The study done in association with the ‘Thought Arbitrage’ found that in the technology driven start-ups, India has moved up to third position with the US occupying the top position with more than 47,000 and UK with over 4,500. India’s tech start – ups number around 4,200 up to 2015. 

In terms of total number of start-ups, comprising tech and non-tech areas, India again figured among the five largest hosts in the world along with China. The number of start-ups in both India and China was 10,000 each.  The US is at the number one position among the overall list of 83,000 budding entrepreneurs. 

Of the Indian start-ups, riding on the technology, the IT hub Bengaluru was host of 26 per cent, followed by NCR with 23 per cent and Mumbai 17 per cent.  In the ‘catching up’ category fell Hyderabad with eight per cent, Chennai and Pune with six per cent each.

(Continued on next page)

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