Silicon Valley of India, Bengaluru is ranked 5th in tech venture capital (VC) investment worldwide.
Highlights
- Bengaluru ranked 5th worldwide
- Delhi and Mumbai ranked 26th and 36TH respectively
- Bengaluru raised $7.5 billion in the first 6 months of 2022
- London is the most attractive venture capital in the world.
Bengaluru has consistently made the top 10 ranks in the tech VC investment worldwide for a long time. Bengaluru held on to this position for all time by attracting technology investments.
The other states of the country like Mumbai and Delhi is also seeing a surge in tech capital investment.
According to the research from dealroom.com for London and partner’s London business growth agency, Bengaluru is the leading Asian city for tech venture capital investments in 2022.
According to the reports, Beijing, Singapore, Hong Kong and Korea were the cities leading the charge for the technology venture capital investment. But Mumbai, Delhi and Bengaluru have since replaced them.
Bengaluru is ranked 22nd in terms of the Global startup ecosystem index. Delhi has since moved up and now it’s ranked 26th with Mumbai at 36th.
Investment research showed that during the first half of the current year Bengaluru raised $7.5 Billion in venture capital funding.
Bengaluru has raised more venture capital investment than some global hubs like Singapore, Paris and Berlin. Bengaluru is closely behind New York and Greater Boston.
During the first 6 months of 2022, London raised $11.3 billion and is the most attractive tech venture capital investment city in the world.
London is the number one European city for Indian companies to expand. Dubai remains the number one city for foreign investment in India.
Bengaluru has a formidable status as the tech capital of India with an ecosystem which a value higher than $105 billion. It has a higher value than Singapore ($89 billion) and Tokyo ($62 billion).
Read more: Bengaluru Ranked Fifth In The World For Tech VC Investment; 22nd Overall In Global Startup Ecosystem