According to the recent reports, Telangana’s startup ecosystem now stands in the 4th position among the global ecosystems due to its affordable talent. The 2022 global startup ecosystem report by startup genome, London Tech reported that Telangana-based startups are counted among the top 20 global startups in various sectors.
But in terms of funding, it is ranked among top 15 in Asian ecosystems. And regarding knowledge, which measures innovation through research and patent activity, Telangana is ranked among the top 20 Asian ecosystems. Startup Genome worked closely with Telangana startup ecosystem builder T-Hub to display the entrepreneurial ecosystem of the state in the GSER 2022.
The reports also shows a ranking of the leading 140 ecosystems, continental insights and founder-focused articles from thought-leading experts. The state’s startup ecosystem created $4.8 billion value from July 1, 2019 to December 31, 2021. M. Srinivasa Rao, who is the CEO of T-Hub said, “Telangana is at the forefront of building a world-class innovation ecosystem through a mix of passionate entrepreneurs, high quality talent requirement, supportive government policy and access to capital.”