Global Startup Ecosystem Rankings 2024

India has ascended to the 19th position globally in the StartupBlink Global Startup Ecosystem Index 2024 . It has returned to the top 20 with a score of 13.529 , rising two spots from the previous ranking.

Global Rankings & Trends

  • The United States remains the leading startup ecosystem , backed by:
    • A strong venture capital market .
    • A culture fostering innovation .
    • A highly skilled workforce .
  • The number of U.S. cities in the index declined from 383 in 2020 to 240 in 2024 .
  • Despite this reduction, the U.S. still significantly outpaces the U.K. and Israel , which hold the 2nd and 3rd positions , respectively.
  • The gap between the U.K. and Israel has narrowed from 17% in 2022 to 8.6% in 2024 .

European Dominance in Startup Hubs

  • Six European countries are in the top 10 startup hubs , up from five last year .
  • Switzerland has re-entered the top 10 , reinforcing Europe’s strength and diversity in startup ecosystems.

Methodology of Ranking

  • The StartupBlink Global Startup Ecosystem Index 2024 evaluates startup hubs based on:
    • Quantity of startups.
    • Quality of startups.
    • Business environment .