Bangalore - Bengaluru Is Best For Technology Startups And NCR Is Next Best Says Assocham. According to study with 'Thought Arbitrage' found that India is in third place for startups with 4200 and US and UK are occupied 1st and 2nd with 47000 and 4500 startups respectively. In total number of startups with both technical and non technical, India is in top 5 with 10000 startups each along with China. US is in top rank with 83000 startups.
Bengaluru is hosting more in India with 26% of startups and next with NCR and Mumbai with 23% and 17% of startups.
"The disruptive innovation in technology and process is creating new startups and foreign investors including some of well known venture capital funds are showing immense interest in these startups," Say Assocham President Mr Sunil Kanoria.
Source - Assocham.