Bengaluru world s fastest-growing tech hub, London 2nd, Mumbai at 6th position: Report
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(Reuters)
Investment in Mumbai grew 1.7 times from $0.7 billion to $1.2 billion in the same period
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Bengaluru, the IT capital of India with around 10 million populations, has emerged as the world s fastest-growing mature tech ecosystem since 2016, followed by the European cities of London, Munich, Berlin and Paris.
India s financial centre Mumbai has ranked sixth, as per the new research released in London on 14 January.
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Dealroom.co data analysed by London & Partners – the Mayor of London’s international trade and investment agency – reveals that investment in the Karnataka capital of Bengaluru grew 5.4 times from $1.3 billion in 2016 to $7.2 billion in 2020, with the Maharashtra capital of Mumbai growing 1.7 times from $0.7 billion to $1.2 billion in
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