Hyderabad: Hi-tech Hyderabad has succeeded in achieving a list of ‘Top 100 Startup Ecosystems Appear’ globally.
The rating provided by the latest Global Ecosystem Startup report (GSER) has also placed Telangana among the ‘Top 20 Asian ecosystems’ in funding and among the top ’15 regional ecosystems’ when it comes to affordable talents.
Not surprisingly, Bengaluru continued his dominance in the Startup Indian room because it was the only Indian city to achieve ‘the top 30 global startup ecosystem’ ranked 23.
While Mumbai ran to the help of Numero Uno on the list of ‘Top 100 emerging ecosystems’ this year, Hyderabad Shared his rank with Pune and Chennai.
Three cities – Hyderabad, Chennai and Pune – appointed between 61-70 ranks without specific rankings mentioned for each city.
Last year, Hyderabad was placed between the ribbon to rank 71-80.
This year, Hyderabad got a higher score than Pune and Chennai in funding, but he trailed behind the two cities in the field of performance and talent.
When it comes to Asia, the report citizes the assistance of the Telangana government recruitment and performance grants as the main reason why Startups must move to Telangana.se per report, the Telangana Government offers recruitment assistance of Rs 10,000 per employee for the first year of operation.
In addition, Telananga-based startup which recorded 15% Y-O-Y growth rate, in accordance with their audited accounts, during their first three years since the incorporation of qualified to provide 5% on turnover, depending on the limit of $ 13,600.
Telangana is also considered strong in the soul sector and technology that appears such as AI, Big Data and Analytics.
The report evaluates more than 280 ecosystems globally and assesses 140 leading ecosystems.
Overall, even though the full year of turbulent, five of the same global startup ecosystems that were established in the top 5 in 2020 remained at the top of the GSER ranking this year.
Silicon Valley, followed by New York City and London (tied to second place for two consecutive years), Beijing and Boston held the top rank at the top of the ’30 global beginner ecosystem ‘.
North America continues to dominate the global rankings with 50% of the top 30 top ecosystems in the region.
Asia accounts for 27%, while Europe has 17% of the top 30 ecosystems.