Mumbai Surpasses Bengaluru as India’s Top Startup Hub in 2024

India’s startup ecosystem is thriving with exciting innovations. Kerala’s startup launches eco-friendly compostable bottles, while AI startups raise billions in funding, backed by major investments like Microsoft’s $3 billion pledge. Uttar Pradesh is fast becoming a startup hub with over 13,000 ventures. Mumbai has overtaken Bengaluru as the top startup destination, with funding growing 154%. The semiconductor sector is also seeing strong growth with key players driving India’s self-reliant tech ecosystem.

Reference: https://www.linkedin.com/newsletters/7126277231521239040/