Bengaluru World's Fastest-Growing Tech Hub, London Second: Report
Investment in Bengaluru grew 5.4 times from USD 1.3 billion in 2016 to USD 7.2 billion in 2020, according to data analysed by L&P
PTI
Outlook Web Bureau
2021-01-14T10:13:17+05:30
Bengaluru World's Fastest-Growing Tech Hub, London Second: Report
outlookindia.com
2021-01-14T11:30:52+05:30
The silicon valley is leaving its marks globally. According to new research, Bengaluru has emerged as the world’s fastest-growing mature tech ecosystem since 2016, with the financial capital Mumbai placing sixth in the list.
Other European cities London, Munich, Berlin and Paris ranked second, third, fourth, and fifth respectively.
Investment in Bengaluru grew 5.4 times from USD 1.3 billion in 2016 to USD 7.2 billion in 2020, according to Dealroom.co data analysed by London & Partners, the Mayor of London’s international trade and investment agency. In the same period, investment in Maharashtra capital of Mumbai growing 1.7 times from USD 0.7 billion to USD 1.2 billion.