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News article28 June 2023European Innovation Council and SMEs Executive Agency1 min read

Global Startup Ecosystem Report 2023: Indian Ecosystems Continue to Rise

The Global Startup Ecosystem Report 2023 (GSER 2023) is a highly regarded publication that offers a detailed assessment of the global startup landscape. With over a decade of experience, the GSER offers valuable insights into the leading startup ecosystems globally, highlighting emerging trends and addressing key challenges encountered by entrepreneurs.

The report draws upon extensive research and analysis of data gathered from 3.5 million startups across 290 ecosystems worldwide. Moreover, it incorporates the expertise gained through over a decade of independent research and policy advisory services, having served more than 145 clients across 50 countries to date.

The Indian startup ecosystems are experiencing notable growth, as highlighted in the GSER 2023. Mumbai has made a significant leap, moving up five places to be tied at #31. Similarly, Bengaluru-Karnataka and Delhi have both advanced two places, with Bengaluru-Karnataka now at #20 and Delhi at #24 in the rankings. This indicates the positive momentum and increasing prominence of these Indian startup hubs.



Publication date
28 June 2023
European Innovation Council and SMEs Executive Agency