India ranks fourth in the world for scaleups, with 429 startups receiving over $50 million in venture capital investment, according to a report by Startup Genome. The US, China, and the UK are ahead of India in terms of scaleups, but India surpasses the UK in total VC investment and cumulative tech value investment.
India ranks fourth in the world in the number of scaleups, or that have received more than $50 million of disclosed VC investment. Ahead of India are the US, China, and the UK, the first edition of ‘s said.However, it’s ahead of the UK in the total VC investment that has gone into these scaleups, and in the cumulative tech value investment of the scaleups. India, the report says, has recorded 429 scaleups, with a VC investment of $127 billion and total value of tech investment of $446 billion.The report is a research into scaleup success factors, building on the question of what behaviours, resources, and characteristics of startups differentiate those that within four to eight years scaled to $50 million and higher valuations from those startups that didn’t.
