Delhi has replaced Bengaluru as startup capital: Economic Survey

Delhi has replaced Bengaluru as the startup capital of India as the national capital added over 5,000 startups between April 2019 and December 2021, according to the Economic Survey 2021-22.

The survey, which was tabled in Parliament Monday, said 4,514 startups were added in Bengaluru during the period. With a total of 11,308 startups, Maharashtra has the highest number of recognised startups in the country.

Delhi Chief Minister Arvind Kejriwal took to Twitter to congratulate the national capital. “Congrats Delhi for yet another achievement. Delhi with 5,000 start-ups replaces Bengaluru as start-up capital.” India had a record number of start-ups (44) reach the unicorn status in 2021. It overtook the UK to emerge as the third highest country in number of unicorns after the US and China which added 487 and 301 unicorns respectively in 2021.