India fourth in number of startups with over $50 mn funding: Scaleup Report

India ranks fourth in the world in the number of scaleups or startups that have received over $50 million of disclosed venture capital (VC) investment, according to the first edition of Startup Genome’s Scaleup Report.

In the survey involving 12,400 startups, India is ranked fourth with 429 scaleups, after the US (7,184), China (1,491), and the UK (623). However, India is ahead of the UK in total VC investment that has gone into these scaleups and in cumulative tech value investment of scaleups. The report stated that India recorded 429 scaleups, with a VC investment of $127 billion and a total value of tech investment of $446 billion.