The latest report entitled ‘Turbocharging Delhi-NCR Start-up Ecosystem’ reveals the significant growth in Delhi-NCR’s start-up ecosystem. With a roaring number of over 7,000 active start-ups, the region has taken the lead in the Indian entrepreneurial landscape. The report further emphasizes that Delhi-NCR contributes to 23% of the total start-ups in the country, with a cumulative value reaching a staggering $50 billion. The region is also privileged to house 10 unicorns, with at least one new unicorn being generated annually since 2013.
Delhi-NCR: An Unrivalled Start-Up Hub
Delhi-NCR sets itself apart as the undisputed king in the start-up realm of India. According to the ‘Turbocharging Delhi-NCR Start-up Ecosystem’ report, the region encompasses the most extensive network of flourishing start-ups in the country with more than 7,000 active businesses. The numbers starkly highlight the vibrant, innovative, and entrepreneurial spirit prevalent in Delhi-NCR.
Accounting for 23% of Indian Start-ups
Adding to the significance of Delhi-NCR in the Indian start-up ecosystem, the report underscores that the region accounts for a hefty 23% of all Indian start-ups. This substantial percentage indicates the strength and influence of Delhi-NCR in fostering entrepreneurship and innovation across the length and breadth of the nation.
A Cumulative Value of $50 Billion
Delhi-NCR’s start-up ecosystem is not only abundant in numbers but also in valuation. Tallying up to a phenomenal $50 billion in cumulative value, the region has successfully nurtured an environment conducive to the growth and prosperity of start-ups, reminiscent of its escalating economic power.
| Number of Start-ups | Percentage of Total Indian Start-ups | Cumulative Value |
|---|---|---|
| Over 7,000 | 23% | $50 billion |
Home to 10 Unicorns
Delhi-NCR does not falter when it comes to generating unicorns; start-up companies valued over $1 billion. The report indicates that the region is home to 10 such unicorns, thereby earning its repute as a hotbed for innovative businesses with massive potential.
A New Unicorn Every Year
The trend of unicorn-generation in Delhi-NCR is not an incidental occurrence but a sustained phenomenon. From 2013 onwards, the region has witnessed the rise of at least one new unicorn annually, thereby reinforcing the region’s status as a fertile ground for start-ups maturing into billion-dollar entities.
