Bengaluru firms claimed 45% of all investments in Indian startups in 10 yrs

The city, which has seen its startups raising $31 bn in the past decade, is home to 44% of India's unicorns and 43 per cent of 'soonicorns'

Bengaluru startups have raised about $31 billion in the last decade, which is 45 per cent of the total investment into the Indian startup ecosystem. Since 2016, the city has witnessed more capital inflow (about $20 billion) than Delhi and Mumbai combined, according to the Bengaluru Innovation Report 2019 which was unveiled by Karnataka Vision Fund on Tuesday. 

With 14 unicorns (44 per cent of unicorns in India) with a cumulative valuation of $61 billion (58 per cent of India), Bengaluru has been the biggest driver of the India startup growth story. A ‘unicorn’ is a startup valued at more