Startupblink released the report called Global Startup Ecosystem in which India secured 37th place out of 125 countries.
India’s rank shows that a lot of efforts are required in terms of ease of doing business, startup policies, and complicated tax compliance. India ranked below Latin American countries Mexico and Chile which stood at 30 and 33 respectively. Bengaluru, New Delhi, and Mumbai featured in the list top cities in the global ranking.
Small nations of less than 10 million inhabitants like Sweden (6th), Denmark (7th), Switzerland (8th), and Singapore (10th) were placed in the top 10.
In Asia, the list was topped by Singapore (10th) and was closely followed by China (12th), South Korea (17th), and Japan (20th). In Africa, the list was topped by South Africa (38th) followed by Kenya (53rd), Egypt (54th), and Nigeria (57th).
India’s rank shows that a lot of efforts are required in terms of ease of doing business, startup policies, and complicated tax compliance. India ranked below Latin American countries Mexico and Chile which stood at 30 and 33 respectively. Bengaluru, New Delhi, and Mumbai featured in the list top cities in the global ranking.
Highlights of the Report
- Top Five Countries
- United States
- United Kingdom
- Canada
- Germany
Small nations of less than 10 million inhabitants like Sweden (6th), Denmark (7th), Switzerland (8th), and Singapore (10th) were placed in the top 10.
In Asia, the list was topped by Singapore (10th) and was closely followed by China (12th), South Korea (17th), and Japan (20th). In Africa, the list was topped by South Africa (38th) followed by Kenya (53rd), Egypt (54th), and Nigeria (57th).
About the Report
Startupblink is a global startup ecosystem map with various registered startups, coworking spaces, and accelerators. Its report prepared in association with ANSYS Startup Program measures startup ecosystem strength and activity. It includes the global ranking index of 125 countries and 900 cities, measuring their startup ecosystem strength and activity. The rankings of country are based on thousands of data points gathered from various sources, such as incubators and accelerators that appear on StartupBlink global ecosystem.
Expected Questions
What is India's rank in the Global Startup Ecosystem in 2017 report released by Startupblink?
a. 29
b. 55
c. 45
d. 37
e. 71
