Bengaluru to Become Ground Zero for IoT Startups: Report
Bengaluru has emerged as the prime destination for IoT (Internet of Things) startups to set up base, as it accounts for 52 percent of the total IoT start-ups in India, a study by Management Consulting firm Zinnov said.Bengaluru is followed by Delhi NCR with 12 percent, Mumbai 11 percent, Hyderabad 4 percent, Chennai 2 percent, and others together accounting for 19 percent.
“A wide availability of talent, thriving ecosystem of investors, access to industry experts and the presence of start-up accelerators are contributing to Bangalore’s dominance,” Zinnov said in a release quoting from the study. Read more…