263 startups funded with a total of Rs 60 crore by Karnataka govt

Bengaluru stands at the forefront of India’s start-up revolution and is home to 45 of the country’s 112 unicorns, according to a report unveiled by the Department of Electronics, IT, BT, and S&T, Government of Karnataka. The Bengaluru Innovation Report 2024 said that as a dynamic innovation hub, the city fosters groundbreaking advancements in fields like artificial intelligence, biotech, and fintech.

Supported by premier IT companies, research institutes, and capital allocators, Bengaluru’s start-up ecosystem thrives on collaboration and competition. This is driving economic growth and technological development.