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.