Delhi
Policy support and incubators' guidance are making Delhi a new favourite
City Rank 2026 1
3 February 2026
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Score 96.5/100
Total revenue $726mn
Total valuation $1.52bn
No. of start-up incubators 95
Rank last survey 2nd
Note: Figs are for growth-stage start-ups
Bengaluru
Ready access to capital and talent pool have cemented Bengaluru’s position as India’s Silicon Valley
City Rank 2026 1
Score 95/100
Total revenue $1.91bn
Total valuation $6.68bn
No. of start-up incubators 73
Rank last survey 3rd
Mumbai
India's financial capital is fuelling start-up growth and investments are readily turning into results
City Rank 2026 3
Score 85.9/100
Total revenue $2.89bn
Total valuation $6.33bn
No. of start-up incubators 41
Rank last survey 4th
Noida
Strong electronics manufacturing ecosystem is driving Noida's emergence as a start-up hub
City Rank 2026 4
Score 77/100
Total revenue $262mn
Total valuation $4.91bn
No. of start-up incubators 30
Rank last survey 7th
Hyderabad
The city has lost some sheen since last year but affordability and governance still remain its strength
City Rank 2026 5
Score 75.9/100
Total revenue $2.10bn
Total valuation 0.35bn
No. of start-up incubators 76
Rank last survey 1st
