BENGALURU: Bengaluru has clinched the 20th spot, moving up two places, in Startup Genome’s the ‘Global Startup Ecosystems Report (GSER) 2023’. While Silicon Valley remained on top, New York City and London were tied at the second spot. With this, the top three ecosystems have all held on to their positions from 2020.
Among the emerging ecosystems, Pune has moved into the 3140 range in 2023, from 51–60 in 2022. New Delhi and Mumbai were ranked 24th and 31st, respectively. GSER is a comprehensive analysis of startup ecosystems around the world.
The report, now in its 11th year, offers a detailed look into the world’s top startup ecosystems, while tracking emerging trends and challenges faced by entrepreneurs. Several Indian cities have moved up several notches in the rankings, thanks to India’s growing digital public infrastructure that has proved to be a game changer.
“The Covidled growth in tech impacted countries to very different degrees and this is reflected in movements in the global rankings,” wrote J F Gauthier, founder and CEO, Startup Genome.
“India is up due to its worldleading growth in 2021 and 2022 and this trajectory may well continue.,” Gauthier added. Meanwhile, all major Chinese ecosystems dropped in the overall rankings.
Among the emerging ecosystems, Pune has moved into the 3140 range in 2023, from 51–60 in 2022. New Delhi and Mumbai were ranked 24th and 31st, respectively. GSER is a comprehensive analysis of startup ecosystems around the world.
The report, now in its 11th year, offers a detailed look into the world’s top startup ecosystems, while tracking emerging trends and challenges faced by entrepreneurs. Several Indian cities have moved up several notches in the rankings, thanks to India’s growing digital public infrastructure that has proved to be a game changer.
“The Covidled growth in tech impacted countries to very different degrees and this is reflected in movements in the global rankings,” wrote J F Gauthier, founder and CEO, Startup Genome.
“India is up due to its worldleading growth in 2021 and 2022 and this trajectory may well continue.,” Gauthier added. Meanwhile, all major Chinese ecosystems dropped in the overall rankings.
