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Bengaluru 2nd best city in the world for young innovators to live and work in: Report

S

swathi25

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It adds another feather in the cap of Bengaluru


Bengaluru 2nd best city in the world for young innovators to live and work in: Report




Bangalore_2.jpg


The report looked at different metrics such as broadband speed, cost of living, average rent, startup valuations, among others.
India’s IT capital and startup hub Bengaluru has been ranked as the second best city in the world in terms of launching tech startups.

A UK based research platform has compiled a list of cities applying some key parameters, like internet speed, cost of living, infrastructure score, availability of investors, valuation that the tech startups are able to notch up and so on. Their evaluation has found that after Boulder, in the USA, Bengaluru is the second most attractive spot.

As per the report, the city has the following stats: The average internet speed is 11Mbps, hosts 7504 startups (startups registered and having their main operations in the city) and attract an average valuation of $3.4 million and there are 6236 investors in startups from this city.

These findings follow another report appearing earlier which had placed Bengaluru in the 19th spot when it comes to the cities being hi-tech and offers around 22% of all jobs in the technology category.

Read more at: https://www.thenewsminute.com/artic...d-young-innovators-live-and-work-report-83891
 

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