Bengaluru might be the home of Flipkart and Amazon India, but Delhi-National Capital Region is the leader among Indian cities as the hotbed of e-commerce startup activity. Delhi-NCR, which already hosts some of the largest e-commerce companies like Snapdeal, Paytm and Grofers, has seen 52 e-commerce startups raising capital since 2011.
Bengaluru, also known as the tech capital of India, however, led the pack with more online and digital startups being funded than any other city in the country.
Bengaluru and Delhi-NCR have also emerged as huge breeding grounds for startups providing web-based services across a spectrum of industries from finance to healthcare, logistics, cab-aggregation, food & grocery delivery and real estate.
Tech funding & geographical distribution
* Data on # of companies that have raised angel/seed or venture capital financing since 2011, until August 24, 2015.
To understand and analyse the startup landscape better, deep-dive into the data provided by VCCEdge platform. Write to us at firstname.lastname@example.org to know how we can assist you with your data needs.
Leave Your Comment
3 years ago
Tata Sons’ chairman emeritus Ratan Tata has made an undisclosed personal...
2 months ago
Bengaluru-based bike taxi startup Rapido has acquired Hyderabad rival Getbike to...
11 months ago
Multi-stage global private investment firm Matrix Partners has opened its third...