Solutions Ecosystems Reports Resources Data Pricing Login Book a demo
Metro area · Asia

Bengaluru

Metro area · India · Pop. 8.4M · #22 city by EV

A public taster of the full Bengaluru ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$286B+44%
Combined startup EV
$5.4B
VC invested (last 12mo)
3,568
Tracked startups
#37/ 199
Unicorns per 1M people · cities rank
🦄 Unicorns
45
45 live $1B+ companies
💎 Decacorns
3
$10B+ tier
🐎 Thoroughbreds
42
Top 1% growth · $500M+

Enterprise value · 2015–2025

Bengaluru grew 8.7× since 2015

Combined enterprise value of every tracked startup headquartered in Bengaluru that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $75B $150B $225B $300B Bengaluru · $282B 2015 2018 2021 2024 2025

Adjacent cities by EV

Startup funnel

Bengaluru's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
1,020
Seed
669
Series A
407
Series B
194
Series C
134
Unicorn
43
Decacorn
3

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Bengaluru

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Decacorns $10B+ valuation 3
MeeshoFlipkartGroww
Unicorns $1B+ valuation 43
Ather EnergyKrutrimVedantuAckoUdaanLivSpaceZerodhaHasuraSwiggyBRND.MEOpenPolygonRapidoCoinSwitchDealShareMu SigmaNoBrokerBlackbuckcult.fitCred+23 more
Thoroughbreds+ $100M+ revenue 41
SwiggyZetwerkTeamLease ServicesDigit InsuranceMeeshoZeptoTejas Networks IndiaInMobiUdaanUjjivan Financial ServicesGrowwRazorpayJana Small Finance BankAckoCredmoneyviewAther EnergyShadowfax TechnologiesHappiest MindsDailyhunt

Academia

Bengaluru's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Bengaluru.

University-linked startup formation
55
University spinouts
1,108
Total alumni-founded companies
744
Of which startups (<$15M raised)
267
Breakouts ($15M-100M)
97
Scaleups ($100M+)
Top universities producing founders tied to Bengaluru
  • 🇮🇳 Indian Institute of Science (IISc) Bengaluru · 28 alumni unicorns
    Notable alumni-founded: Strand Life Sciences
  • 🇮🇳 IIT Bombay Mumbai · 90 alumni unicorns
    Notable alumni-founded: FlipkartOYORazorpayPostman
  • 🇮🇳 IIT Delhi New Delhi · 75 alumni unicorns
    Notable alumni-founded: ZomatoSnapdeal

Vs. similarly-sized ecosystems

How Bengaluru stacks up

Peers chosen from the same country (India), sized closest to Bengaluru by combined EV. The scatter plots growth × current size — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
Bengaluru
$286B
$220B
$198B
$36.8B
$32.2B
$25.1B
$9.8B
$8.6B
EV growth (5-yr ×) vs current EV
peer median 11.1× 5.8× 9.9× 14.0× $8.6B $49.6B $286B EV growth (5yr ×) Combined enterprise value (log) Delhi Mumbai Bengaluru

Top overview

India — top cities

Top cities in India ranked by combined EV. Bengaluru's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 Bengaluru $286B 6.2× 45 $5.4B 3,568
2 Delhi $220B 6.3× 29 $2.5B 2,363
3 Mumbai $198B 14.0× 25 $2.8B 1,982
4 Pune $36.8B 12.0× 7 $334.6M 515
5 Chennai $32.2B 6.0× 10 $582.9M 533
6 Hyderabad $25.1B 5.8× 2 $298.9M 636
7 Jaipur $9.8B 11.9× 0 $27.9M 126
8 Ahmedabad $8.6B 11.1× 2 $346M 248

Sector concentration

Where Bengaluru punches above its weight

Sectors in which Bengaluru's share of the global unicorn pool is bigger than its overall share. A 5× over-index means Bengaluru is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

🎓 Edtech
16.1×
7 unicorns · 18.4% of global sector
8.99×
18 unicorns · 10.3% of global sector
🥗 Food
7.80×
5 unicorns · 8.9% of global sector
4.58×
16 unicorns · 5.2% of global sector
❤️‍🩹 Health Tech & Medtech
3.69×
6 unicorns · 4.2% of global sector
3.36×
1 unicorns · 3.8% of global sector
🤖 AI
2.46×
9 unicorns · 2.8% of global sector

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Bengaluru dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Bengaluru's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
Unlock on Dealroom
Capital autonomy
Bengaluru's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
Unlock on Dealroom
Recent momentum
Bengaluru's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
Unlock on Dealroom
Founder origins
Where Bengaluru's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
Unlock on Dealroom
AI talent
Top employers of AI talent in Bengaluru
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
Unlock on Dealroom
Deal flow
Live deal flow & funding rounds in Bengaluru
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
Unlock on Dealroom

Get the full Bengaluru ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.