Ranking of the Indian Cities: India presently has 43 of its cities listed in the top 1000 globally, with Bengaluru(10th), New Delhi (14th) and Mumbai (16th) in the top 20.
Country-wise ranking: Like the past year, the US, the UK, Israel, Canada and Germany are in the top 5 spots this year too and continue their lead.
About the report:
♦ The file has a score for each location, which is calculated as the sum of three parameters: quantity, quality and business environment. The extent parameter comprises factors such as number of start-ups, number of start-up related meet-ups, quantity of co-working spaces, number of accelerators, etc.
♦ On the other hand, the first-rate parameter considers factors such as the variety of employees per start-up, the presence of unicorns, exits and pantheon companies, global start-up events, and presence of global start-up influencers, among other factors.
♦ The commercial enterprise rating evaluates factors such as ease of registering organizations and doing business, internet pace and freedom, degree of English proficiency, research and development investment, quantity of patents per capita, availability of a variety of science services such as charge portals, ride-sharing apps, cryptocurrency, etc.