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The Global Startup Ecosystem Report 2023

The Global Startup Ecosystem Report 2023:

The report has been released by Startup Genome, a policy advisory and research organization.

  • The Global Startup Ecosystem Report 2023 (GSER 2023) is an in-depth analysis of startup ecosystems worldwide.
  • It provides insights into leading ecosystems, emerging trends, and challenges faced by entrepreneurs.
  • GSER 2023 offers actionable recommendations for entrepreneurs, investors, policymakers, and stakeholders.
  • Silicon Valley, New York City, and London maintain their top positions in the global startup ecosystem rankings.
  • Chinese ecosystems have experienced a decline in rankings, with Shenzhen, Beijing, and Shanghai dropping in the overall standings.
  • Indian ecosystems, particularly Mumbai, Bengaluru-Karnataka, and Delhi, have shown positive growth in the rankings.
  • Mumbai move 5 places up while Bengaluru was ranked 20th in terms of Startups
  • India has become the 3rd largest start-up ecosystemin the world after the US and China.
  • India is home to as many as 75,000 Startups.
  • India has moved up from 81st (2015) to 46th in 2021 among 130 economies of the world.
  • Globally ranked 3rd (2021) from 6th in 2013 based on the National Science Foundation database.
  • Globally ranked 9th (2021) in terms of resident patent filing.