Startup Ecosystems: Silicon Valley Leads; 3 South Indian Cities On Asia List

SAN JOSE, CA (IANS) – The ‘2024 Global Startup Ecosystem Report’ by Startup Genome, a US startup research firm that surveyed 300 cities across 100 nations has Silicon Valley topping the list followed by New York and London, which were jointly ranked second. Tel Aviv has moved up one rank and is now tied with Los Angeles at the 4th slot.

Boston, Washington DC, Miami, Chicago, San Diego, and Seattle figure on the list in descending order of the top 20 cities Silicon Valley in the world.

The top two Chinese ecosystems have dropped in the overall rankings: Beijing by one place and Shanghai by two, now standing at 8th and 11th spot, respectively. However, Shenzhen has shown impressive growth, moving up seven spots to rank 28th.

Singapore is number 7 and tops the Asia list. Bengaluru is sixth on the list. Other South Indian cities named are Chennai and Hyderabad. While Maharashtra has Mumbai and Pune. Delhi also has a spot on the Asian city list too.