"In the technology driven start-ups, India has moved up to third position with the US occupying the top position with more than 47,000 and the UK with over 4,500. "India's tech start-ups numbered around 4,200 up to 2015," the report pointed out. In terms of total number of start-ups, comprising both tech and non-tech areas, India again figured among the five largest hosts in the world, along with China (10,000 each). IT hub Bengaluru is host to 26% of domestic tech start-ups, followed by Delhi NCR (23%) and Mumbai (17%). The study recommended that synergising 'start-up India' with 'Make in India' and 'Digital India' initiatives has the potential to expand the domestic ecosystem for new entrepreneurs.

Source: dna August 21, 2016 06:33 UTC