As the debate rages on which city is India’s start-up hub, VCCEdge, the financial research platform of VCCircle.com, has come out with a funding data that may give a clearer picture on the issue. [caption id=“attachment_2030177” align=“alignleft” width=“380”]  ThinkStock image[/caption] According to the VCCEdge, Bengaluru might be the home of Flipkart and Amazon India, but Delhi-National Capital Region is the hotbed of e-commerce startup activity in India. “Delhi-NCR, which already hosts some of the largest e-commerce companies like Snapdeal, Paytm and Grofers, has seen 52 e-commerce startups raising capital since 2011,” VCCEdge said in a recent report. For online and digital startups, Bengaluru is the best city to be in as these such companies based out of this city get more funding than any other city in the country. The data comes days after the US-based Compass ranked Bangalore 15th in a global Startup Ecosystem Ranking for 2015 . The Compass is a provider of automated reporting and benchmarking software. As per the ranking, the city is among 5 ecosystems that made the biggest leaps over the last two years. The others are New York, Austin, Singapore, and Chicago. VCCEdge data points to some other interesting trends. Across the six cities reviewed, a total of 875 companies have raised an aggregate $6.65 billion during 2011-15 (until August). Of this, 38 percent was raised by Bangalore-based companies, 30 percent by those from Mumbai and 16 percent by those from Delhi. As per the data, both Bengaluru and Delhi-NCR have turned out to be the breeding grounds for startups providing web-based services across industries from finance to healthcare, logistics, cab-aggregation, food & grocery delivery, and real estate. Of the total 875 companies, 41 percent or 358 are from this segment. As many as 108 Delhi startups that raised funds during the 2011-15 period were engaged in web-based services. This forms 46 percent of the total 236 Delhi startups that rasied funds. In Bengaluru, the number of companies from the sector that raised funds stood at 112, which forms 35 percent of the total. In Mumbai, the corresponding figures are 87 and 44 percent. While the number of e-commerce startups from Delhi that raised funds during the period stood at 52, the corresponding figure in Bengaluru is 45. For Cloud/SaaS entrepreneurs, Bengaluru is the place to be in. While as many as 64 startups engaged in this space in Bengaluru got funding during the period, the corresponding number in Delhi is 26 and Mumbai 17. Check out the map below for more trends: With inputs from Kishor Kadam
Across the six cities reviewed, a total of 875 companies have raised an aggregate $6.65 billion during 2011-15 (until August)
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