Hyderabad: Hyderabad included in the list of best cities for startup ecosystem in Asia
Hyderabad: Hyderabad has featured in the list of best cities for startup ecosystems in Asia. The ‘2024 Global Startup Ecosystem Report’ released by Startup Genome, an American startup research firm, which surveyed 300 cities across 100 countries, also featured five other Indian cities among the best destinations for startup ecosystems on the continent.
The evaluation is based on the following five criteria:
Performance, Funding, Talent and experience, Market access,
Singapore tops the list
Singapore tops the list of top 30 Asian cities. Globally, it is ranked seventh. Its global rank has improved from eighth in 2023. In the previous years, the city’s global rank was 16th, 17th and 18th in 2020, 2021 and 2022, respectively. The global list is topped by Silicon Valley in the US, followed by New York and London, which are jointly ranked second.
The list of top 20 startup ecosystems globally is as follows:
Silicon Valley, New York City, London, Tel Aviv, Los Angeles, Boston, Singapore, Beijing, Seoul, Tokyo, Shanghai, Washington, D.C., Amsterdam-Delta, Paris, Berlin, Miami, Chicago, Toronto-Waterloo, San Diego, Seattle
Hyderabad in the list of top 30 best cities for startup ecosystem in Asia. Hyderabad is ranked 19th in the list, while Bengaluru secured the sixth position.
Following is the list of the top 30 best cities for startup ecosystems in Asia:
Singapore, Beijing, Seoul, Tokyo, Shanghai, Bengaluru, Delhi, Shenzhen, Hangzhou, Mumbai, Hong Kong, Jakarta, Guangzhou, Wuxi, Nanjing, Kuala Lumpur, Taipei City, Chennai, Hyderabad, Chengdu, Bangkok, Wuhan., Manila, Kansai region, Ho Chi Minh City, Pune, Tianjin, Xiamen, Busan, Hanoi
Additionally, Hyderabad has been ranked in the list of best emerging ecosystem cities in Asia and globally. Emerging ecosystems are startup communities in the early stages of development.
