February 9, 2025

Why in news ?

  • India stands at the 20th spot among the top 100 countries that have been ranked in the Global Startup Ecosystem Index 2021 by Startup Blink. The country was in the 17th spot in 2019, after which it slid six spots down and stood at 23 in 2020.
  • According to the report, India needs to better its infrastructure and Internet speed in order to further strengthen its start-up ecosystem.
  • India currently has 43 of its cities listed in the top 1000, globally, with Bengaluru(10th), New Delhi (14th) and Mumbai (16th) in the top 20.
  • Like last year, the US, the UK, Israel, Canada and Germany are in the top five spots this year too and continue their lead.
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