Over the years, the Indian startup ecosystem has outgrown the grips of the traditional business epicentres like Bengaluru, Delhi NCR and Mumbai, with tier II and III cities becoming the new breeding grounds for entrepreneurship and innovation.
According to Inc42’s Annual Funding Report 2024, Hyderabad, Pune and Chennai are the frontrunners of the emerging startup hub race. While Hyderabad claimed the top spot on the back of the total number of deals secured since 2014 (at 384+), Pune and Chennai secured second and third places, with 382+ and 379+ deals, respectively. Interestingly, with $4.7 Bn+ each, Pune and Chennai outranked Hyderabad in terms of total funding, which has been able to net $3 Bn+ since 2014.
Moving on, some of the other top emerging startup hubs identified in the Inc42’s latest report are Ahmedabad, Jaipur, Kolkata, Indore, Kochi, Chandigarh and Vadodara. Overall, the top 10 emerging startup hubs have secured a total funding north of $15.5 Bn in…
