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India Drops 6 Places to be Ranked 23rd in StartupBlink’s Startup Ecosystem Rankings 2020, United States Tops

India Drops 6 Places to be Ranked 23rd in StartupBlink’s Startup Ecosystem Rankings 2020, United States Tops

  • StartupBlink has launched the Startup Ecosystem Rankings Report 2020 that ranks 1,000 cities and 100 countries worldwide, based on their startup ecosystem strength and activity level. StartupBlink is global startup ecosystem map and research center.
  • India has dropped 6 places to be ranked at 23rd spot in the latest ranking, with a score of 5.698. Last year it was placed at 17th spot.
  • United States has topped the ranking list with a score of 123.167.
    • United Kingdom, Israel, Canada and Germany are the top 5 countries in the list respectively.
  • The ranking is based upon three key factors: Quantity, Quality and Business Environment.
  • In terms of cities, only 4 Indian cities made place in top 100, compared to 7 cities in 2019.
    • India’s Silicon Valley Bengaluru is the top Indian city with best startup ecosystems ranking, although it dropped three places to have the 14th rank in the list, Delhi climbed three spots to the 15th rank, Mumbai held the 22nd rank and Hyderabad lost 21 spots to be ranked 96th.
  • Globally, San Francisco Bay, United States, New York, United States and London, United Kingdom are the tp three cities with best startup ecosystems.

Read More at: StartupBlink

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