Economic Survey: Delhi dethrones Bengaluru as India's start-up capital

India has 83 unicorns with a total valuation of $277.77 billion, the Survey of 2021-22 says

Delhi has replaced Bengaluru as the startup capital of India, according to the Economic Survey 2021-22 tabled by Finance Minister Nirmala Sitharaman in the Parliament on Monday. The survey says that over 5,000 recognised start-ups were added in Delhi while 4,514 start-ups were added in Bengaluru between April 2019 to December 2021.

With a total of 11,308 start-ups, Maharashtra has the highest number of recognised startups. ndia had a record number of start-ups (44) reach unicorn status in 2021. It overtook the UK to emerge as the third highest country in number of unicorns after the US and China which added 487