Fastest Growing Startup Cities in India 2025

Top 10 Fastest Growing Startup Cities in India (2025)

India’s startup ecosystem has witnessed tremendous growth over the past decade, making the country the third-largest startup hub globally.

By 2025, the momentum will be stronger than ever, driven by government initiatives, investor interest, and rising entrepreneurial spirit.

Top 10 Fastest-Growing Startup Cities in India (2025)

We dug deep and explored the top 10 fastest-growing startup cities in India, highlighting the total number of registered startups, industry categories, total funding acquired, unicorn counts, average employees per startup, and overall employment generation.

City Name Total Registered Startups Unicorns Total Funding Acquired
#1. Bengaluru 14,000+ 45+ $120 billion
#2. Delhi-NCR 12,500+ 35+ $85 billion
#3. Mumbai 9,500+ 25+ $60 billion
#4. Hyderabad 6,500+ 12+ $30 billion
#5. Chennai 5,000+ 10+ $20 billion
#6. Pune 4,200+ 8+ $15 billion
#7. Ahmedabad 3,000+ 5+ $8 billion
#8, Kolkata 2,800+ 4+ $7 billion
#9. Kochi 2,500+ 2+ $5 billion
#10. Jaipur 2,300+ 2+ $4 billion
Fastest Growing Startup Cities in India 2025
Fastest Growing Startup Cities in India 2025

Let’s look at the numbers of each city.

1. Bengaluru (The Silicon Valley of India)

Bengaluru, often referred to as the “Silicon Valley of India,” is a tech and innovation powerhouse.

The city boasts world-class incubators, a deep investor network, and access to top tech talent from premier institutions.

The startup-friendly policies and robust infrastructure make Bengaluru a global startup destination.

  • Total Registered Startups: 14,000+
  • Key Industries: Information Technology (IT), SaaS, Fintech, Edtech, E-commerce
  • Total Funding Acquired: $120 billion
  • Unicorns: 45+
  • Average Employees per Startup: 150
  • Employment Created: Over 2 million jobs (approx.)

Bengaluru’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
Flipkart
  • Sachin Bansal
  • Binny Bansal
2007 $37.6 billion
Byju’s Byju Raveendran 2011 $22 billion
Swiggy
  • Sriharsha Majety
  • Nandan Reddy
2014 $10 billion
Razorpay
  • Harshil Mathur
  • Shashank Kumar
2014 $7.5 billion
Quick Fact: Flipkart was acquired by Walmart in 2018 for $16 billion (Source).

 

2. Delhi-NCR (National Capital Region)

Delhi-NCR, encompassing Gurugram, Noida, and New Delhi, benefits from its proximity to policymaking hubs and a cosmopolitan workforce.

The region is known for fintech giants and unicorns in e-commerce and hospitality, backed by strong government support and private incubators.

  • Total Registered Startups: 12,500+
  • Key Industries: Fintech, Healthtech, Logistics, Consumer Services
  • Total Funding Acquired: $85 billion
  • Unicorns: 35+
  • Average Employees per Startup: 120
  • Employment Created: 1.8 million jobs (approx.)

Delhi-NCR’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
Paytm Vijay Shekhar Sharma 2010 $16 billion
Zomato Deepinder Goyal, Pankaj Chaddah 2008 $9 billion
OYO Ritesh Agarwal 2013 $10 billion
Quick Fact: Paytm’s IPO in 2021 was one of the largest in India’s history, raising $2.5 billion (Source).

 

3. Mumbai (The Financial Capital of India)

Mumbai’s dynamic financial sector provides a strong backbone for fintech innovations.

Mumbai is a city known for Bollywood. A quick fact, Mumbai produces more than 1,000 feature films each year, making it the world’s largest film industry.

The city is also home to thriving consumer brands and entertainment tech startups.

With a well-established investor ecosystem and corporate partnerships, Mumbai stands out as a startup hub.

  • Total Registered Startups: 9,500+
  • Key Industries: Fintech, MediaTech, Insurtech, Entertainment
  • Total Funding Acquired: $60 billion
  • Unicorns: 25+
  • Average Employees per Startup: 140
  • Employment Created: 1.5 million jobs

Mumbai’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
CRED Kunal Shah 2018 $6.4 billion
Nykaa Falguni Nayar 2012 $4 billion
Dream11 Harsh Jain, Bhavit Sheth 2008 $8 billion
Quick Fact: Nykaa became the first Indian unicorn founded by a woman to go public in 2021 (Source).

 

4. Hyderabad (The Deep Tech Hub)

Hyderabad’s HITEC City and T-Hub have positioned it as a hub for deep tech and AI/ML startups.

The city offers affordable infrastructure and a supportive ecosystem, attracting innovation in AI, healthcare, and enterprise tech.

  • Total Registered Startups: 6,500+
  • Key Industries: Healthtech, Deep Tech, AI & ML, Agritech
  • Total Funding Acquired: $30 billion
  • Unicorns: 12+
  • Average Employees per Startup: 100
  • Employment Created: 900,000 jobs

Hyderabad’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
Zenoti Sudheer Koneru 2010 $1.5 billion
Darwinbox Chaitanya Peddi, Jayant Paleti 2015 $1 billion
Quick Fact: Darwinbox became India’s first unicorn in the HR tech space in 2022 (Source).

 

5. Chennai (The SaaS Capital)

Chennai has emerged as India’s SaaS powerhouse, thanks to startups like Freshworks and Zoho.

The city’s engineering talent and cost-effective environment make it an ideal base for global SaaS and automotive innovations.

  • Total Registered Startups: 5,000+
  • Key Industries: SaaS, Automotive Tech, Robotics, Manufacturing Tech
  • Total Funding Acquired: $20 billion
  • Unicorns: 10+
  • Average Employees per Startup: 90
  • Employment Created: 600,000 jobs (approx.)

Chennai’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
Freshworks Girish Mathrubootham 2010 $10 billion
Zoho Sridhar Vembu 1996 $5 billion
Quick Fact: Freshworks became the first Indian SaaS company to list on NASDAQ in 2021 (Source).

 

6. Pune

Pune’s proximity to industrial hubs and renowned academic institutions has spurred enterprise tech and edtech startups.

With lower operational costs, Pune remains a preferred choice for growing tech businesses.

  • Total Registered Startups: 4,200+
  • Key Industries: Edtech, Manufacturing, AI/ML, Enterprise Tech
  • Total Funding Acquired: $15 billion
  • Unicorns: 8+
  • Average Employees per Startup: 85
  • Employment Created: 450,000 jobs (approx.)

Pune’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
FirstCry Supam Maheshwari 2010 $2.1 billion
MindTickle Krishna Depura 2011 $1.2 billion
Quick Fact: FirstCry is Asia’s largest online store for baby products (Source).

 

7. Ahmedabad (The Agritech and Fintech Innovator)

Ahmedabad’s strong entrepreneurial culture and government-backed incubators have made it a key center for agritech and fintech.

The city’s startups are solving critical issues in finance and agriculture with scalable solutions.

  • Total Registered Startups: 3,000+
  • Key Industries: Fintech, Clean Tech, Agritech, Food Tech
  • Total Funding Acquired: $8 billion
  • Unicorns: 5+
  • Average Employees per Startup: 70
  • Employment Created: 300,000 jobs (approx.)

Ahmedabad’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
Lendingkart Harshvardhan Lunia 2014 $1.5 billion
AgroStar Shardul Sheth 2013 $1 billion

8. Kolkata (The Emerging E-commerce Hub)

Kolkata’s e-commerce and logistics sectors have seen significant growth, driven by local talent and strategic investments.

The city is also emerging as a key player in fintech and education tech.

  • Total Registered Startups: 2,800+
  • Key Industries: E-commerce, Fintech, Edtech, Logistics
  • Total Funding Acquired: $7 billion
  • Unicorns: 4+
  • Average Employees per Startup: 75
  • Employment Created: 280,000 jobs (approx.)

Kolkata’s Notable Startups

Startup Name Founder(s) Year Founded Category
Wow! Momo Sagar Daryani, Binod Homagai 2008 Foodtech
iMerit Radha Basu 2012 AI/Data Annotation
StockEdge Vineet Patawari, Vivek Bajaj 2016 Fintech
Quick Fact: Wow! Momo expanded rapidly, becoming India’s largest quick-service momo chain.

 

9. Kochi (The Marine and Travel Tech Hub)

Kochi’s strategic location as a coastal city has fostered innovations in marine tech and travel tech.

With strong government support through the Kerala Startup Mission, the city is building a reputation as an innovation hub.

  • Total Registered Startups: 2,500+
  • Key Industries: Marine Tech, Travel Tech, Healthtech
  • Total Funding Acquired: $5 billion
  • Unicorns: 2+
  • Average Employees per Startup: 60
  • Employment Created: 200,000 jobs

Kochi’s Notable Startups

Startup Name Founder(s) Year Founded Category
CareStack Abhilash Krishna 2015 Healthtech
FlockForge Team of Founders 2017 SaaS
Agrima Infotech Lijois, K.J. 2011 AI/Computer Vision
Quick Fact: CareStack is one of the fastest-growing dental practice management platforms globally.

 

10. Jaipur (The Cultural Startup Hub)

Jaipur (also known as the Pink City) combines low operational costs with a growing pool of skilled workers.

The city is particularly strong in consumer tech and fintech and has earned its place on the startup map with creative, culture-driven innovations.

  • Total Registered Startups: 2,300+
  • Key Industries: Fintech, Consumer Tech, Handicrafts Tech, E-commerce
  • Total Funding Acquired: $4 billion
  • Unicorns: 2+
  • Average Employees per Startup: 65
  • Employment Created: 180,000 jobs

Jaipur’s Notable Unicorn Startups

Startup Name Founder(s) Year Founded Valuation
CarDekho
  • Amit Jain
  • Anurag Jain
2008 $1.2 billion

Must Read: India Vision 2047: Risks, Opportunities, and Innovation


Conclusion

India’s startup ecosystem continues to surge, with new cities making their mark each year.

From SaaS giants in Chennai to deep tech hubs in Hyderabad, the landscape is as diverse as it is dynamic.

With government initiatives like Startup India, increased access to funding, and a robust talent pool, India is set to further cement its position as a global innovation powerhouse.

+ References
  1. Startup India Reports (DPIIT) – startupindia.gov.in
  2. NASSCOM Insights – Access Insights
  3. Tracxn Database – Visit Database
  4. Inc42 Startup Tracker – Check Tracker
  5. YourStory – yourstory.com

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