India is the 3rd largest startup ecosystem in the world. And government estimates suggest that around 2 to 3 startups are born in India every day.
While India, as a whole a very conducive place for your startup, some cities do offer an edge over others. And here are the top 10 business hubs in India with booming new startups. These places have everything it takes to be the perfect incubator for your start-up. Take a look!
1. Bengaluru
The Silicon Valley of India, Bengaluru is called the Startup Capital of the country. The city is home to startups like Ola, Flipkart, Vedantu, ZoomCar, UrbanLadder, and more. If your business is tech-heavy, this is the best place to find the right talent as well as the right network.
2. Delhi Region
Delhi and neighboring areas including Noida and Gurugram have a flourishing startup ecosystem. Being close to the seat of the Government of India definitely helps. And lot of top-tier educational centers in the area ensure talent availability. Hike and Paytm, Zomato, Policybazaar, Oyo, and Shopclues are a few startups based out of Delhi.
3. Hyderabad
The City of Pearls, Hyderabad is emerging at the startup hub in Southern India. Many big international businesses are setting up base here (Google, Microsoft, and Uber to name a few). The many educational institutes in the city ensure talent availability for startups.
4. Mumbai
The city of dreams, Mumbai houses the world’s wealthiest businessmen. It is also home to Dalal Street (Indian’s version of Wall Street) and the Indian entertainment industry, Bollywood. And Mumbai is sure a startup favorite. The availability of funds and a long list of esteemed educational institutes make Mumbai conducive for new business. Startups like BookMyShow, JustDial, Pepperfry, Quickr, Nykaa, and CleatTrip call Mumbai their home.
5. Chandigarh
A telecommunication hub, Chandigarh is slowly becoming home to several successful startups. The credit goes to the perennial availability of talent and resources.
6. Kolkata
The commercial hub of eastern India, Kolkata is an up-and-coming startup destination. The city was originally famous for art and culture but is now catching up on the finance front.
7. Chennai
Called the Detroit of South Asia, Chennai hosts businesses from across the globe. A high literacy rate of 80% and government support make Chennai a lucrative place to start a business.
8. Ahmedabad
Ahmedabad is one of the fastest-growing cities in India. The city has a longstanding history of entrepreneurship. And today, it is attracting new-age businessmen to start their ventures.
9. Indore
Indore has been the consistent topper in the country’s cleanliness survey. And it is also among the best business hubs hosting several startups. Nicknamed ‘mini Mumbai’ the city is the heart of commerce and trade in central India. Several top educational institutions in the city further make it a great startup incubator.
10. Lucknow
Lucknow is among the top 20 fastest job-creating cities in India. And the multicultural city is now transitioning into a finance and startup hub.
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