India ranked 20th in Global StartUp Ecosystem Index 2021
New Delhi: India has jumped from 23 to 20th rank on the Global StartUp Ecosystem Index 2021 out of 100 countries. Forty-three Indian cities listed in the top 1000 globally. Three Indian cities, namely, Bengaluru, New Delhi and Mumbai feature in the top 20 cities.
The country was in the 17th spot in 2019, after which it slid six spots down and stood at 23 in 2020. With this jump, India’s start-up ecosystem makes a re-entry into the global top 20 countries again.
The US, the UK, Israel, Canada and Germany are in the top five spots.
The report published by Startup Blink has a score for each location, which is calculated as the sum of three parameters: quantity, quality and business environment. The quantity parameter comprises elements such as number of start-ups, number of start-up related meet-ups, number of co-working spaces, number of accelerators, etc.
