Global Startup Ecosystem ranking: Kerala ranks top in Asia in global report

The startup ecosystem in Kerala has been ranked as the best in Asia and fourth in terms of Affordable Talent in the Global Startup Ecosystem Report (GSER).

The GSER was released on Tuesday in the backdrop of the ongoing London Tech Week 2022, which brings together global governments and corporate leaders, inspirational start-up founders and investors to discuss the power of technology for societies.  The State has also been ranked fourth in global ranking in the GSER, drawn up jointly by policy advisory and research organisation Startup Genome and Global Entrepreneurship Network. In the first GSER published in 2020, Kerala was ranked 5th in Asia and 20th in the world.

In cities category:

• As per the report released by the policy advisory and research firm Startup Genome, the city of Bengaluru has moved up to number 22 in the Global Startup Ecosystem ranking.
• Bengaluru’s tech ecosystem value is at $105 billion which is higher than that of Singapore at $89 billion and Tokyo at $62 billion, report showed.