Silicon Valley is the most sought after place for the booming startup ecosystem. Apart from the Bay Area, there are many other upcoming cities around the globe that aim to serve as a breeding ground for these startups. Here is an interactive showing how the different Indian cities and others around the world stack up against the Bay Area.
To illustrate these opportunities, Simply Business created an interactive scatter plot of cities by continent that can be filtered by opportunities for:
- Startups seeking funding
- Startups not seeking funding
Related Article: Funding Galore: Indian Startup Funding Of The Week [2-7 October]
In terms of San Francisco & Bay Area led the list of number of investors and number of startups with 11,722 startups and 5,619 investors. On the Indian front Bangalore has the highest number of startups and investors with 1,045 startups and 155 investors thriving in this tech city.
It was followed by New Delhi with 947 startups and 104 investors.
Bangalore, New Delhi and Mumbai have a low cost of living and has the highest ratio of developers to startups, which make them attractive location for startups if funding isn’t an issue. To resolve this issue of funding Government has proposed to introduce regulations and framework.
For startups seeking funding, the Bay Area stands out, as does New York. Seattle and Singapore boast strong investor to startup ratios and rich talent pools, making them attractive locations for startups.
For investors, the sheer volume of startups implies that the Bay Area remains a favourable environment for investors; but the ratio of startups to investors in Los Angeles and London could make those cities even more attractive to investors. Similarly, Toronto, Bangalore, and New Delhi offer a wealth of investment opportunities.