It's no doubt that India has established as a strong Startup nation, a nation full of enthusiastic people with innovative ideas ready to bet on their talent and grit by taking the entrepreneurship plunge. The country, which witnesses the birth of almost 3-4 startups everyday, is considered to house one of the world’s most active startup ecosystems.

According to a recent report by CB Insights, the Indian Startup ecosystem saw its deal activity increase for the fourth consecutive year in 2016. It also highlighted that three of India's largest cities- Bengaluru, Delhi, and Mumbai together claimed more than 75 per cent of the total deals with Bengaluru and Delhi taking home the majority of the country’s 10 unicorns.

In the past five years, Karnataka's capital Bengaluru at 30 per cent has registered the greatest number of deals. The city is home to country's most well-funded startup till date, the e-commerce biggie Flipkart, which has attracted a funding of $7.2B since the year 2011. This month, the country's most popular unicorn raised a second portion of Series J funding from SoftBank Group. The $2.5B investment by the Japanese telecom and internet giant is a part of its $93 billion Vision Tech Fund, which is considered as world's biggest private equity fund.



While Bengaluru occupied the numero uno position when it came to number of deals with 30 per cent of the deals, Delhi and NCR came in a close second, at 29 per cent each, whereas the third position went to India's financial capital Mumbai, which accounted for 20 per cent of the total deals witnessed in the country. Pune came in at fourth with 4 per cent of the total deals, while Chennai occupied the fifth position with 3 per cent of the total deals falling in its kitty.

With 6 unicorns, Delhi NCR currently houses the most unicorns in the country. Paytm's parent company One97 Communications is the region's most popular and well-funded startup, which has successfully raised a whopping $2.77B in funding. Other famous startups in the region are: ecommerce major Snapdeal, hotel room aggregator OYO Rooms and messaging app Hike.

With 4 unicorns, Bengaluru has the second greatest unicorns in the country. While Flipkart is of course the city's most famous jewel when it comes to startups. Other well-funded startups in the region are: Taxi-hailing company Olacabs, classifieds site Quikr and mobile adtech firm InMobi.

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