Bengaluru progresses to 20th position in global start-up ecosystem ranking

Bengaluru, June 20 (KNN) Bengaluru has moved up two places and now holds 20th spot in the Startup Genome’s the ‘Global Startup Ecosystems Report (GSER) 2023’.

GSER is a comprehensive analysis of start-up ecosystems around the world.

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. Other Indian cities such as New Delhi and Mumbai were ranked 24th and 31st, respectively.

The report tracks emerging trends and challenges faced by entrepreneurs and is now its 11th year, offers a detailed look into the world’s top start-up ecosystems.

Several Indian cities have moved up several notches in the rankings, due to India’s growing digital public infrastructure that has proved to be a game changer.  (KNN Bureau)