Hurun India: Top 10 cities in India with leading self-made entrepreneurs 2024

Notably, it adds a greater number of startups per day than any other country and has witnessed the addition of one unicorn every 20 days over the last seven to eight years.

Remarkably, the most valuable companies in the list have a staggering valuation of INR 36 lakh crores collectively, registering a 20% growth compared to last year, according to a recently released Hurun India report.

In its Self-made Entrepreneurs of the Millennia 2024, Hurun has listed the top startup cities in India based on leading self-made entrepreneurs residing there as of 2024.

Hurun India: Top 10 startup hubs in India with leading entrepreneurs 2024

Hurun’s Top 200 Self-made Entrepreneurs of the Millennia 2024 come from 44 cities across India, with Bengaluru, Mumbai, Gurugram, and Delhi emerging as significant hubs of innovation, being home to the largest number of companies.

With these three cities accounting for 57% of India’s top 200 self-made entrepreneurs of the millennia in 2024, most of these founders are predominantly based in Bengaluru, where 98 of them reside, followed by Mumbai with 73, New Delhi with 51, and Gurugram with 34.

Here are India’s top 10 startup cities in 2024, ranking by the number of entrepreneurs driving innovation:

Rank	City	No. of entrepreneurs	No. of notable companies	Notable entrepreneurs	Company
1	Bengaluru	98	66	Nithin Kamath, Nikhil Kamath	Zerodha
2	Mumbai	73	36	Radhakishan Damani	Avenue Supermarts (DMart)
3	Gurugram	34	31	Deepinder Goyal	Zomato
4	New Delhi	51	15	Vijay Shekhar Sharma	Paytm
5	Chennai	16	12	Vasant Sridhar	OfBusiness
6	Pune	15	7	Supam Maheshwari, Sanket Hattimattur, Prashant Jadhav	Firstcry
7	Hyderabad	11	6	Nandan Reddy	Swiggy
8	Ahmedabad	10	6	Amit Bakshi	Eris Lifesciences
9	Kolkata	7	2	Ravi Modi	Vedant Fashions
10	Jaipur	6	2	Amit Jain, Anurag Jain	CarDekho

Source: Hurun India’s Top 200 self-made entrepreneurs of the millennia 2024

Please note: The ranking is based on the number of leading Hurun’s self-made entrepreneurs residing in each city as of 2024.

Often referred to as the Silicon Valley of India, Bengaluru, additionally has secured the 21st spot in the Startup Genome’s Global Startup Ecosystem Report (GSER) 2024, tying with Sydney this year.

Story continues below this ad

Meanwhile, Delhi and Mumbai follow closely, occupying the 24th and 37th positions, respectively, among the world’s top 40 startup ecosystems.

Additionally, Pitchbook’s global rankings for 2024 highlighted the top 50 startup cities worldwide, with Mumbai in 32nd place and Bengaluru in 34th.

In case you missed it | Top 10 global startup cities in 2024

Hyderabad, which is recognized as a strong competitor to Bengaluru in the startup arena, falls within the 41 to 50 range in the emerging ecosystem category.

India’s startup ecosystem continues to showcase resilience and potential, which is today being projected as a “bright spot” on the global economic horizon.