Bengaluru surpasses Chinese cities in tech VC funding in 2021: Report By CIOReviewIndia Team


Source: cioreviewindia.com cioreviewindia.com

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With $18.6 billion in investments, Bengaluru made it to the top-five leading VC funding hubs across the world in 2021 — following San Francisco Bay Area, New York, Greater Boston Region and London. However, it outstripped Beijing ($13.6 billion) and Shanghai ($13.4 billion). Global tech VC investment into start-ups hit a record level of $675 billion in 2021, doubling the previous all-time high of $340.6 billion in 2020, a report by London & Partners and dealroom.co. VC investments in 2021 were led by the US at $328.8 billion, followed by China at $61.8 billion and India coming in third with...