
Follow WOWNEWS 24x7 on:
Updated: June 13, 2025 06:14
India's technology capital Bengaluru has jumped seven places to the 14th rank in the Global Startup Ecosystem Report (GSER) 2025. This leap places Bengaluru ahead of global startup cities Seattle and Chicago, reaffirming the city's status as a destination for innovation and entrepreneurship.
Key Highlights
- Bengaluru is currently the 14th globally, up from its 21st rank last year, and is among the fastest-rising of the top 20 startup ecosystems.
- Bengaluru has hosted 32 unicorns since 2020 and has received 38 billion dollars worth of venture capital funding since 2020 to 2024.
- Karnataka's policy initiatives and Deep Tech ecosystem have been at the back of such robust growth.
- Bengaluru has emerged as the second-largest AI talent pool in the world, with over 600,000 AI/ML experts.
- Multibillion-dollar IPOs like Swiggy at 12 billion dollars, GoDigit at 3.6 billion dollars, and Blackbuck at 1 billion dollars have driven the city's startup ecosystem.
Government and Industry Response:
- Ekroop Caur, Secretary of Karnataka's Department of Electronics, IT, Biotechnology, and Science & Technology, pointed out that Bengaluru's growth is evidence of the state's leadership in innovation.
- Karnataka government is extending startup initiatives to Mysuru, Mangaluru, and Hubballi-Dharwad from Bengaluru through Global Innovation Districts and science centers.
- Ravi Narayan, President of South Asia for Startup Genome, has stated that Bengaluru not only matched but set the global innovation pace.
Global Startup Landscape:
- Silicon Valley retains its top position, with New York City and London following.
- Tel Aviv is fourth, excelling in cybersecurity and deep-tech innovation.
- Bengaluru's rise indicates India's growing stake in the international startup arena.
Sources: Startup Genome, Karnataka Department of Electronics, IT, Biotechnology, and Science & Technology, Economic Reports.