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India startup and venture ecosystem

Where startups are forming across India: the cities, accelerators and investors, and how you get close to them.

Capital
New Delhi
Region
Asia
Population
1,352,617,328
Currency
INR
Fig. 964 · Sitar

The ecosystem

As of 31 March 2026, DPIIT reported more than 2.336 million direct jobs among recognized startups and said recognized startups were present in every State and Union Territory. These figures describe the DPIIT-recognized cohort.

WIPO ranked India 38th in its 2025 Global Innovation Index and first for ICT services exports; its cited R&D-spending figure was 0.65% of GDP in 2020. StartupBlink placed India seventh among Asia-Pacific country ecosystems in 2026, with a score of 19.895 and reported annual growth of 25.9%.

Sectors and strengths

WIPO's 2025 results ranked India first for ICT services exports and fourth for late-stage venture-capital deals. These are indicator rankings within the Global Innovation Index.

As of . Official information. Source: Global Innovation Index 2025: Results

Hubs and regional differences

StartupBlink's 2026 Asia-Pacific city rankings placed New Delhi fourth, Bangalore fifth, and Mumbai seventh. Its reported 24.2% New Delhi share represents the combined scores of India's ranked cities, not all startups or funding.

As of . Official information. Source: Best Startup Ecosystems in Asia Pacific

PIB's state table reported more than 38,660 recognized startups in Maharashtra and more than 22,600 in Karnataka as of 31 March 2026. These are state-level counts.

As of . Official information. Source: Government recognizes more than 55,200 startups during FY 2025-26, highest ever in a single year since launch of Startup India initiative

For Bengaluru-Karnataka, Startup Genome reports US$153 billion in ecosystem value for H2 2023-2025, US$39 billion in technology-startup VC funding during 2021-2025, and 304 exits during 2021-2025. The publisher reports 190% ecosystem-value growth comparing H2 2018-2020 with H2 2023-2025.

As of . Official information. Source: Bengaluru-Karnataka Ecosystem

Startup support programs

DPIIT's annual report recorded 1,749 registered MAARG mentors, 3,059 registered startups, and 1,460 ongoing mentorships as of 31 December 2024. These dated figures do not establish current application availability.

As of . Application availability not verified. Official information. Source: Annual Report Year 2024-25

For founders

DPIIT reported recognized startups in every State and Union Territory, while StartupBlink's cited city results place New Delhi, Bangalore, and Mumbai among the leading Asia-Pacific hubs. Consider state coverage and city rankings as distinct geographic indicators when evaluating ecosystem connections.

As of . Official information. Source: Government recognizes more than 55,200 startups during FY 2025-26, highest ever in a single year since launch of Startup India initiative; Best Startup Ecosystems in Asia Pacific

DPIIT's published MAARG figures count registered mentors, startups, and ongoing mentorships at year-end 2024; they do not establish current program intake.

As of . Official information. Source: Annual Report Year 2024-25

For investors

India's WIPO results show high relative positions in ICT services exports and late-stage VC deals, while its cited R&D-spending figure is from 2020. Startup Genome reports VC funding and exits for Bengaluru-Karnataka, figures that describe that region and period rather than India as a whole.

As of . Official information. Source: Global Innovation Index 2025: Results; Bengaluru-Karnataka Ecosystem

Constraints and recent changes

WIPO's cited R&D-spending figure is for 2020. StartupBlink says its country scores adjust for population, while its city scores measure absolute city strength, so those ranking measures are not directly equivalent.

As of . Official information. Source: Global Innovation Index 2025: Results; Best Countries for Startups in 2026

DPIIT reported more than 107,000 recognized startups with at least one woman director or partner, approximately 48% of the cohort, as of 31 March 2026. This is a company-level governance-role measure.

As of . Official information. Source: Government recognizes more than 55,200 startups during FY 2025-26, highest ever in a single year since launch of Startup India initiative

Startup ecosystem standing

Where India ranks

Rankings that list India
RankingEditionPositionSince last editionTrustWhat it measures
Global Startup Ecosystem Index (countries)2025#22No prior editionBEcosystem, Activity, Finance, Business Climate
Global Innovation Index2025#38Up 1AInnovation, Competitiveness, Research, Talent
IMD World Competitiveness Ranking2026#44Down 5BCompetitiveness, Business Climate, Performance
Bloomberg Innovation Index2019#54No prior editionBInnovation, Research
Doing Business (Ease of Doing Business ranking)Doing Business 2020#63Up 14BBusiness Climate
Positions come from each publisher's edition. Open a ranking for its method and trust notes, or an edition for the full list.

2,167 organizations with a profile

Who's based in India

Investors 1,167

Nuvama Group logoInvestor

Tailored financial solutions for affluent clients.

Moneyview logoInvestor

Simplifying financial access for everyone in India.

The 3 most prominent of 1,167. Browse all investors

Incubators 521

Tandon Group logoIncubator

Innovating and incubating technology startups.

T-Hub logoIncubator

India's leading innovation hub and business incubator.

The 3 most prominent of 521. Browse all incubators

Accelerators 297

nasscom startups logoAccelerator

NASSCOM 10,000 Startups is a prominent initiative in India aimed at supporting technology startups through funding, incubation, and mentoring. Launched…

Social Alpha logoAccelerator

Social Alpha is a nonprofit innovation curation and venture development platform based in Bangalore, India, focusing on supporting science and…

Realtime (RTAF) logoAccelerator

Realtime Angel Fund (RTAF) is an accelerator based in India that supports early-stage startups through investment and mentorship, focusing on seed to…

The 3 most prominent of 297. Browse all accelerators

Venture studios 182

Dvara Holdings logoVenture studio

Transforming financial access for low-income households.

Kadel Labs logoVenture studio

Driving innovation through technology and venture creation.

The 3 most prominent of 182. Browse all venture studios

Based here, most-ranked first

Universities in India

All universities

Pick what describes you

Your way in

City guides

Cities in India

The largest 4 of 39 published city guides.

Browse cities in India

Questions about India

How does India rank as a startup ecosystem?

Its best position is #22 in StartupBlink Index (countries) (2025). It appears in 5 published rankings; the table above lists each one.

How many startup investors are based in India?

1,167 investors based in India have a profile here, including Nuvama Group, Moneyview and Seeds Fincap Private Limited. The real number is higher.

Are there accelerators or incubators in India?

Yes. India has 297 accelerators, 521 incubators and 182 venture studios on record, including nasscom startups, Technopark Trivandrum and Dvara Holdings.

Which universities are in India?

9 universities have a profile: Indian School of Business, Indian Institute of Management Bangalore and Indian Institute of Technology, Bombay and more.

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