Bengaluru world's fastest-growing tech hub, London 2nd, Mumbai at 6th position: Report
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New Delhi, Jan. 14 -- Bengaluru, the IT capital of India with around 10 million populations, has emerged as the world's fastest-growing mature tech ecosystem since 2016, followed by the European cities of London, Munich, Berlin and Paris.
India's financial centre Mumbai has ranked sixth, as per the new research released in London on 14 January.
Dealroom.co data analysed by London & Partners - the Mayor of London's international trade and investment agency - reveals that investment in the Karnataka capital of Bengaluru grew 5.4 times from $1.3 billion in 2016 to $7.2 billion in 2020, with the Maharashtra capital of Mumbai growing 1.7 times from $0.7 billion to $1.2 billion in the same period, reported news agency PTI.
Meanwhile, London ...
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