India, Dec. 17 -- Bengaluru remains the leading city for entrepreneur residences in India, hosting 88 founders. Mumbai follows closely with 83 founders, and Gurugram has 32, reflecting a gradual shift in the distribution of self-made entrepreneurs across the country.

IDFC FIRST Private Banking and Hurun India released the third edition of their 2025 list on Wednesday. The city also retains its position as India's top startup hub, with 52 companies based in Bengaluru, though this marks a decline of 14 from last year.

Mumbai comes next with 41 companies, up by five, and Gurugram ranks third with 36 companies, also up by five, signalling growing entrepreneurial activity outside the traditional hub.

Bengaluru-based founders include notable...