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Indian Express
a day ago
- Business
- Indian Express
Top 10 startup cities in 2025: Indian city secures #10th rank, two more in global top 20
10 Best Startup Cities in the World (2025): The latest report from Startup Blink reveals that, despite a strong global startup economy, the overall growth rate has declined to just under 21%. San Francisco continues to lead the rankings with an annual ecosystem growth of 19.9% for 2025, followed by New York and London. Although San Francisco retains its lead over New York, the gap between the two has slightly narrowed from 2.8× to 2.7× New York's score, with London standing out with a growth rate of nearly 30%, the highest among the three cities. The report further highlighted Asia-Pacific's rapid growth by 27.4%, with the region's cities like Beijing, driven by a growth rate of over 25%, overtaking Boston to rank 5th. Singapore City has also made significant strides, moving from 22nd to 12th place in 2025, driven by an impressive growth rate exceeding 50%, placing it closer to entering the top 10. In a notable mention, Seoul, the capital of South Korea, has entered the global top 20 for the first time, securing the 20th position after achieving over 30% growth for three consecutive years. As global investors seek diverse investment opportunities, cities worldwide are competing to establish themselves as prominent hubs for startups; listed below are the world's top 10 startup cities in 2025. Source: StartupBlink – Global Startup Ecosystem Index 2025 India has reversed the positive momentum it experienced last year, falling to 22nd place worldwide in 2025. This marks one of the steepest declines among the global top 25. Despite this, the country has six cities ranked in the global top 100 and stands out as one of only three countries, along with the United States and China, having three cities in the top 20. Recording a growth of 13.8%, the lowest among the top 10, Bangalore rounds up the top 10, trailing behind Paris and Tel Aviv in 2025; New Delhi follows next at 11th with +15.5% growth. In 2025, Mumbai is ranked 18th globally, rising two positions with a growth rate exceeding 30%, which is the highest among India's major cities. In contrast, Hyderabad, Pune, and Chennai each experience growth of less than 14%. As a result, they drop 5, 3, and 7 places, respectively, in the rankings, making them the slowest-growing Indian cities in the top 100. Source: StartupBlink – Global Startup Ecosystem Index 2025 Cherry Gupta is an Assistant Manager - Content at The Indian Express. She is responsible for crafting compelling narratives, uncovering the latest news and developments, and driving engaging content based on data and trends to boost website traffic and audience engagement. One can connect with her on LinkedIn or by mail at ... Read More
Leaders
4 days ago
- Leaders
Saudi Railways Advances Hajj 1446 Preparations to Serve Pilgrims
Saudi Railways is actively advancing its preparations for the 1446 Hajj season through its Al-Mashaer Train and the Haramain High-Speed Railway. These efforts are part of a comprehensive transport strategy designed to ensure smooth pilgrim movement and high operational efficiency throughout the pilgrimage period. The Al-Mashaer Train is set to transport over two million pilgrims between the holy sites of Mina, Muzdalifah, and Arafat. Operating along an 18-kilometer route with nine stations, the service will deploy 17 fully equipped trains capable of carrying 72,000 passengers per hour in each direction. Trains will travel at speeds of up to 80 km/h, making the journey between Mina and Arafat in just 20 minutes. More than 2,000 trips are scheduled, supported by over 7,500 trained Saudi personnel. In parallel, the Haramain High-Speed Railway will conduct around 4,700 trips, providing over two million seats—an increase of more than 400,000 compared to the previous Hajj season. Related Topics: Saudi Railways Achieve Record 35M Passengers in Q1 2025 Saudi Arabia Named 'Country of the Year' After Record-Breaking Leap in StartupBlink Index Haramain Railway Boosts Hajj 2025 Capacity by 25% Operation Gideon Chariots: Israel Intensifies War amid Dire Conditions in Gaza Short link : Post Views: 14 Related Stories
Yahoo
5 days ago
- Business
- Yahoo
London's Startup Ecosystem Sees Major Leap in Global Rankings
LONDON, Ontario, May 26, 2025 (GLOBE NEWSWIRE) -- London's thriving startup ecosystem has earned global recognition again. In the newly released Global Startup Ecosystem Index 2025 by StartupBlink, London has climbed an impressive 165 spots globally. Nationally, the city has moved up to the 12th position, overtaking Hamilton (13th), Saint John (14th), Winnipeg (15th), and Fredericton (16th). This jump in ranking reflects massive momentum in London's tech and innovation ecosystem, driven by ambitious founders, visionary industry leaders, collaborative public-private partnerships, and sustained support from champions like TechAlliance of Southwestern Ontario. The annual Global Startup Ecosystem Index benchmarks over 1,000 cities worldwide, tracking performance across innovation infrastructure, startup activity, and international competitiveness—offering a vital dashboard for measuring industry health and progress. 'Recognition on this global index is a testament to the ambition of our startup founders and the strength of our innovation economy,' said Christina Fox, Chief Executive Officer at TechAlliance of Southwestern Ontario. 'Coupled with London's position as #4 on CBRE's report on Top Emerging Tech Markets in North America, the StartupBlink index amplifies the region's acceleration, and its global position, fortifying London, Ontario as one of the best places in Canada to become a unicorn. As the lead voice for the industry, TechAlliance fosters a vibrant tech community, empowering the growth of competitive, world-class ventures that drive economic prosperity here in Southwestern Ontario, while also shaping and fueling Canada's innovation economy.' In 2024, Canada attracted $8.8 billion USD in funding and was home to 22 unicorn companies. While the nation experienced a slight dip—falling from 4th to 5th place in the global rankings—the Global Startup Ecosystem Index points to strong fundamentals and an optimistic future, especially as efforts shift toward producing startups with greater international competitiveness. That growth starts at the regional level. Doubling down on investor, founder and industry engagement, with a mandate to accelerate the growth of tech companies in Southwestern Ontario, TechAlliance supports entrepreneurs and their companies with strategic advisory, investment-readiness, storytelling, and advocacy. This approach not only builds a highly competitive local economy but also positions the greater London area as a key Canadian contributor on the global innovation map. For more information or media inquiries, please contact: Farida Abdelnabi Communications Manager TechAlliance of Southwestern Ontario 647.676.2461 About TechAlliance of Southwestern Ontario Headquartered in London, Ontario – one of the top ten emerging tech markets in North America, TechAlliance is the lead voice for the most promising startups and highest potential scaling companies in Southwestern Ontario. Home to a concentration of made-in-Canada unicorns, and supporting pathways to capital, customers, and talent, TechAlliance empowers world-class ventures and fuels growth in Canada's innovation economy by supporting founders and ventures at every stage of the entrepreneurial journey. As the place for dreamers, innovators, and world-changing ideas, TechAlliance fosters a vibrant tech community for founders, industry leaders, tech talent, and capacity builders, champions and coaches entrepreneurs, and amplifies and impacts businesses across the region. Funded in part by the Government of Ontario, Regional Innovation Centres help Ontario-based innovators and entrepreneurs clear commercialization hurdles –- accelerating the growth of companies so that they can compete and succeed globally and create high quality jobs in our in to access your portfolio
Morocco World
5 days ago
- Business
- Morocco World
What Does the 2025 Global Startup Ecosystem Index Reveal About Morocco?
Doha – Morocco's startup ecosystem has catapulted forward on the international stage. The country now ranks 88th globally, climbing four spots from the previous year's 92nd position, with a score of 0.687 in the 2025 StartupBlink Global Startup Ecosystem Index. The North African country recorded the highest growth rate in its region at 23.1%, trailing only Egypt (65th globally) and Tunisia (82nd). The comprehensive report, which evaluates 1,473 cities and 118 countries worldwide, positions Morocco as the third-strongest startup ecosystem in Northern Africa. This improvement reflects the country's growing appeal as a stable and affordable base for entrepreneurs targeting North African markets. At the continental level, Morocco ranks 9th in Africa, ahead of Senegal but behind South Africa, Kenya, Nigeria, Cape Verde, Ghana, and Namibia. Globally, the top five positions are held by the United States, the United Kingdom, Israel, Singapore, and Canada. Top-ranking Moroccan cities Casablanca remains the undisputed center of Morocco's startup activity. The city jumped 42 positions to rank 317th globally, with an impressive growth rate exceeding 40% — the highest among Moroccan cities and throughout Northern Africa. Its total score is more than 6.5 times larger than second-ranked Rabat. Rabat also showed strong performance, climbing seven spots to 811th globally with over 20% growth. Beyond these leading centers, the StartupBlink Index also tracks other Moroccan cities: Marrakech (1060th) showed positive momentum with 12% growth, while Tangier made its debut in the rankings at position 1151. Conversely, Agadir's position appears precarious, as it experienced negative growth and risks falling out of the global top 1,000. A robust ecosystem The StartupBlink data reveals Morocco's startup funding reached $176.9 million in 2024. The country ranks 71st globally in the Ecommerce & Retail sector and has produced three startups backed by prestigious accelerator Y Combinator. The ecosystem has celebrated several success stories, including acquisitions of startups like DabaDoc, Moteur, and WaystoCap. In 2023, B2B food distribution platform Terraa secured $1.5 million in pre-seed funding — the largest of its kind in Morocco — led by FoodLabs with participation from multiple venture capital firms. Furthermore, the report highlights how Chari, a B2B e-commerce platform, reached a landmark moment in 2022 with a $100 million valuation during a bridge funding round — cementing its status as a standout force in Morocco's evolving startup ecosystem. The Index findings correspond with tangible government action to foster entrepreneurship, including targeted tax exemptions for startups and the Maroc PME program supporting small and medium enterprises. In 2022, authorities launched MoroccoTech, a national brand promoting the digital sector and positioning Morocco as an international digital hub. Fueling Morocco's startup-driven future Subsequently, the Digital Morocco 2030 strategy was introduced with an allocation of approximately $24 million to support local startups and facilitate their international expansion. The country hosts GITEX Africa, the region's largest tech event, attracting startups, investors, coders, and academics. Many Moroccan youth are becoming high-quality freelancers, gaining expertise from international clients — a knowledge base that could fuel the next generation of Moroccan startups. The analysis identifies several active capital sources for Moroccan entrepreneurs, including UM6P Ventures and Maroc Numeric Fund. Specifically, UM6P Ventures operates two funds targeting pre-seed and seed-stage startups across various sectors. The Innov Invest Fund, established in collaboration with the World Bank and European Union, aims to enhance financing access for SMEs and startups. Moreover, Impact Lab in Casablanca serves as a cornerstone hub supporting social and environmental startups. Nevertheless, the report acknowledges persistent obstacles. The ecosystem faces economic and social challenges, including limited access to education and healthcare, gender inequality, and inadequate startup funding and legislation. Addressing these issues will be crucial for unlocking the full potential of Moroccan entrepreneurs and enabling them to make a substantial impact on their local ecosystems. Tags: startup ecosystem MoroccoStartups in Morocco
Yahoo
5 days ago
- Business
- Yahoo
London's Startup Ecosystem Sees Major Leap in Global Rankings
LONDON, Ontario, May 26, 2025 (GLOBE NEWSWIRE) -- London's thriving startup ecosystem has earned global recognition again. In the newly released Global Startup Ecosystem Index 2025 by StartupBlink, London has climbed an impressive 165 spots globally. Nationally, the city has moved up to the 12th position, overtaking Hamilton (13th), Saint John (14th), Winnipeg (15th), and Fredericton (16th). This jump in ranking reflects massive momentum in London's tech and innovation ecosystem, driven by ambitious founders, visionary industry leaders, collaborative public-private partnerships, and sustained support from champions like TechAlliance of Southwestern Ontario. The annual Global Startup Ecosystem Index benchmarks over 1,000 cities worldwide, tracking performance across innovation infrastructure, startup activity, and international competitiveness—offering a vital dashboard for measuring industry health and progress. 'Recognition on this global index is a testament to the ambition of our startup founders and the strength of our innovation economy,' said Christina Fox, Chief Executive Officer at TechAlliance of Southwestern Ontario. 'Coupled with London's position as #4 on CBRE's report on Top Emerging Tech Markets in North America, the StartupBlink index amplifies the region's acceleration, and its global position, fortifying London, Ontario as one of the best places in Canada to become a unicorn. As the lead voice for the industry, TechAlliance fosters a vibrant tech community, empowering the growth of competitive, world-class ventures that drive economic prosperity here in Southwestern Ontario, while also shaping and fueling Canada's innovation economy.' In 2024, Canada attracted $8.8 billion USD in funding and was home to 22 unicorn companies. While the nation experienced a slight dip—falling from 4th to 5th place in the global rankings—the Global Startup Ecosystem Index points to strong fundamentals and an optimistic future, especially as efforts shift toward producing startups with greater international competitiveness. That growth starts at the regional level. Doubling down on investor, founder and industry engagement, with a mandate to accelerate the growth of tech companies in Southwestern Ontario, TechAlliance supports entrepreneurs and their companies with strategic advisory, investment-readiness, storytelling, and advocacy. This approach not only builds a highly competitive local economy but also positions the greater London area as a key Canadian contributor on the global innovation map. For more information or media inquiries, please contact: Farida Abdelnabi Communications Manager TechAlliance of Southwestern Ontario 647.676.2461 About TechAlliance of Southwestern Ontario Headquartered in London, Ontario – one of the top ten emerging tech markets in North America, TechAlliance is the lead voice for the most promising startups and highest potential scaling companies in Southwestern Ontario. Home to a concentration of made-in-Canada unicorns, and supporting pathways to capital, customers, and talent, TechAlliance empowers world-class ventures and fuels growth in Canada's innovation economy by supporting founders and ventures at every stage of the entrepreneurial journey. As the place for dreamers, innovators, and world-changing ideas, TechAlliance fosters a vibrant tech community for founders, industry leaders, tech talent, and capacity builders, champions and coaches entrepreneurs, and amplifies and impacts businesses across the region. Funded in part by the Government of Ontario, Regional Innovation Centres help Ontario-based innovators and entrepreneurs clear commercialization hurdles –- accelerating the growth of companies so that they can compete and succeed globally and create high quality jobs in our in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
