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Top Startup Cities : PitchBook

Top Startup Cities : PitchBook

PitchBook recently released its 2024 global Venture Capital ecosystem rankings, spotlighting the top 50 startup cities worldwide.

  • Mumbai secured the 32nd spot, Bengaluru ranked 34th, and Gurugram made it to 48th place.
  • The report highlights a surge in innovation and growth in the global startup landscape, attracting significant investments and fostering multi-billion-dollar valuations.
  • The top five cities were:
    • San Francisco Bay Area, USA
    • New York City, USA
    • Beijing, China
    • Shanghai, China
    • Los Angeles, USA
  • India has emerged as the 3rd largest ecosystem for startups globally as of 31st May 2023.
  • India ranks 2nd in innovation quality with top positions in the quality of scientific publications and the quality of its universities among middle-income economies.
  • PitchBook, renowned for its comprehensive financial data and insights, serves as a vital resource in the capital markets, with offices in London, New York, San Francisco, and Seattle