Bengaluru Emerges As The IoT Hub Of India: Zinnov
A study by management consulting firm Zinnov revealed that Bengaluru is the prime destination for IoT (Internet of Things) startups in the country. It accounted for 52% of the total IoT startups in India.
The next is Delhi with 12% startups. Mumbai with 11% startups ranked third, followed by Hyderabad at 4% and Chennai at 2%. Other cities cumulatively accounted for 19%.
The firm said, “A wide availability of talent, thriving ecosystem of investors, access to industry experts and the presence of startup accelerators are contributing to Bengaluru’s dominance.” Zinnov said in a release quoting from the study. Read more…