Several Indian cities have risen in Startup Genome’s global startup ecosystem rankings
Delhi rose by 11 places, to rank 26, compared to 2021
Bengaluru moved up one place from last year, to 22
According to Startup Genome, China’s ecosystems have declined in the rankings
Asia experienced a 312% increase in the dollar amount of exits over $50 million from 2020 to 2021
India’s recent success is reflected in both Chennai and Pune moving up in the rankings
The Chennai ecosystem saw a $1 billion exit in business software startup Freshworks