Bengaluru, the perfect launchpad for tech start-ups: Karnataka Vision Fund Report
With over 9,346 tech start-ups launched since 2010, and 5,541 in the last three years alone, Bengaluru has emerged the place to start-up.
Releasing ‘The Bengaluru Innovation Report 2019’ brought out by the Karnataka Vision Fund, on Tuesday, CN Ashwath Narayan, Karnataka Deputy Chief Minister and Minister for IT, BT and S&T said this tech start-ups cluster has attracted good number of investors.
“Bengaluru start-ups have raised over $31 billion in the last decade, which is over 45 per cent of the total investment that flowed in to the Indian start-up ecosystem. Since 2016, the city has witnessed more capital inflow (over $20 billion) than Delhi and Mumbai combined,” he added.