Global Startup Ecosystem ranking: Kerala ranks top in Asia in global report.

About the Global Startup Ecosystem Report:

• The GSER was released in the backdrop of the ongoing London Tech Week 2022, which brings together global governments and corporate leaders, inspirational start-up founders and investors to discuss the power of technology for societies.
• The report includes ranking of the leading 140 ecosystems, continental insights, and founder-focussed articles from thought-leading experts.
• Top Asian emerging ecosystems were measured on the basis of talent, experience, long-term trends over the most significant performance factors and the ability to generate and keep talent in the ecosystem.

KEY POINTS:

• Providing a boost for Kerala’s start-up ecosystem, the State has been ranked first in Asia in Affordable Talent in Global Startup Ecosystem Report (GSER).
• The State has also been ranked fourth in global ranking in the GSER, drawn up jointly by policy advisory and research organisation Startup Genome and Global Entrepreneurship Network.
• In the first GSER published in 2020, Kerala was ranked 5th in Asia and 20th in the world.

In cities category:

• As per the report released by the policy advisory and research firm Startup Genome, the city of Bengaluru has moved up to number 22 in the Global Startup Ecosystem ranking.
• Bengaluru’s tech ecosystem value is at $105 billion which is higher than that of Singapore at $89 billion and Tokyo at $62 billion.