Bengaluru has emerged as the world’s fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris.
Bengaluru world s fastest-growing tech hub, London 2nd, Mumbai at 6th position: Report
Premium
(Reuters)
Investment in Mumbai grew 1.7 times from $0.7 billion to $1.2 billion in the same period
Share Via
Read Full Story
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.
TRENDING STORIESSee All
2 min read
Premium
2 min read
Premium
2 min read
Premium
1 min read
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
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 Mah
London received quarter of all European tech funding in 2020
Technology startups in London raised near-record levels of venture capital investment last year despite uncertainty related to Brexit and Covid-19
Share this item with your network: By Published: 14 Jan 2021 14:29
London-based technology startups received $10.5bn of venture capital (VC) investment in 2020, accounting for a quarter of all European tech funding, new research has revealed.
The research, conducted by market intelligence firm Dealroom and investment agency London & Partners, shows that a significant chunk of the investment, $4.3bn, went to London’s financial technology (fintech) firms, while $1.9bn went to firms developing enterprise software technologies – an 82% increase on the previous year.