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‘India third biggest tech startup hub’

Bengaluru is home to 26 pc of domestic tech startups, followed by Delhi NCR (23 pc) and Mumbai (17 pc)

Policy Pulse
Publish Date: Aug 22 2016 11:39AM | Updated Date: Aug 22 2016 11:39AM

‘India third biggest tech startup hub’

India is the third largest number of technology driven startups in the world, an Assocham study has said.

 
As per the report, the US and the UK occupying the top two positions.
 
The study, which it has done in association with Thought Arbitrage Research Institute, also said that Bengaluru is host to the largest share of technology startups in India.
 
It is followed by Delhi/ NCR and Mumbai, while Hyderabad and Chennai are also quite popular among budding tech entrepreneurs. 
 
"In the technology driven startups, India has moved up to third position with the US occupying the top position with more than 47,000 and the UK with over 4,500”. 
"India's tech startups numbered around 4,200 up to 2015," the report added. 
 
In terms of total number of startups, the country figured among the five largest hosts in the world, along with China (10,000 each). 
 
The US occupies the top slot with 83,000 startups. 
 
Bengaluru is home to 26 percent of domestic tech startups, followed by Delhi NCR (23 per cent) and Mumbai (17 per cent). 
 
Hyderabad (8 per cent), Chennai and Pune (6 percent each) were in ‘catching up’ category.