Top Performing Indian States & UTs In Terms Of The Startup Ecosystem

1/ Karnataka

Total Number of Startups: 4K+

Total Funding (2014 & H1 2022): $62 Bn

2/ Delhi NCR

Total Number of Startups: 6.5K+

Total Funding (2014 & H1 2022): $39 Bn

3/ Maharashtra

Total Number of Startups: 12K+

Total Funding (2014 & H1 2022): $20 Bn

4/ Tamil Nadu

Total Number of Startups: 2.7K+

Total Funding (2014 & H1 2022): $4 Bn

5/ Telangana

Total Number of Startups: 3K+

Total Funding (2014 & H1 2022): $2.5 Bn

Bangalore (Karnataka's capital), is now at the 1st spot in Asia and 5th globally for tech VC investment in H1 2022. The “Silicon Valley of India” is attracting more investments than hubs like Singapore, Paris and Berlin, trailing closely behind Bay Area, NY, London and Boston.

The Asian tech start-up community is undergoing a massive transformation. The ecosystem once dominated by Beijing, Singapore, Hong Kong and Korea is now being considerably disrupted by Indian cities like Bangalore, Delhi and Mumbai (Maharashtra's capital).

Bangalore ranked 22nd in the start-up ecosystem globally, while Delhi moved up an impressive 11 places to 26, and Mumbai was placed 36th. Bangalore currently commands an ecosystem value of $105 B — higher than Singapore ($89 B) and Tokyo ($62 B).

Bangalore's massive growth in 2022 is largely attributed to greater access to funding with major funding rounds for scale-up tech companies. We witnessed a $55.7 million Series D round for Ather Energy and Swiggy’s $700 million round in Jan, 2022.

As the funding rounds gets larger and more frequent, Indian entrepreneurs seem to be taking centre stage. India just pipped UK to become the 5th largest economy, how soon do you think India can reach number 1?