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Hyderabad Emerges Start-up Incubation Hub of India
The government is providing the necessary support in terms of policies, corporates, too, are doing their bit by providing angel funding and intellectual support
G
Guru Prasad
Hyderabad
Tue Jul 05 2022
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Hyderabad Emerges Start-up Incubation Hub of India
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It’s not just the real estate boom; the city of Hyderabad is now ranked top amongst the cities that have a conducive environment for various start-ups. While the government is providing the necessary support in terms of policies, corporates, too, are doing their bit by providing angel funding and intellectual support to the start-ups.


Hyderabad is today leading a revolution of sorts regarding the start-up ecosystem. It is ranked among the top 5 cities in the country and is only behind Bengaluru and Delhi. Mumbai and Ahmedabad come next to Hyderabad. If one were to look at the money put into the start-ups, Rs 6697 crore or 900 million dollars have been invested. The state government has also started T-Hub to provide a robust atmosphere for start-ups in Hyderabad and across Telangana. According to Global Start-up Ecosystem Report, Hyderabad stands at 30th place internationally.


It has to be noted that apart from software start-ups, start-ups in various verticals and start-ups supporting a social cause have also been started in the past few years. Students and alumni of prestigious and varied universities are provided the right ecosystem to set up their start-ups in the city, giving life to some awesome ideas. Pharma, bio, medical, agriculture, IT, and socially relevant start-ups have been the norm since the state government took up the drive in 2016.


Also, to ease the process, the state has around 20 incubators to speed up start-ups' growth process. Another interesting point is that the developed start-ups here have also reached the unicorn stage and are recognized internationally. This attracts people from other countries to come and set up their base here.


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Hyderabad Emerges Start-up Incubation Hub of India
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