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More than 1,100 active incubators empowering Indian startup ecosystem
New Delhi: There are more than 1,100 active incubators nurturing startups in the Indian ecosystem, according to a new report on Friday. The joint research report, ‘India Incubator Kaleidoscope 2024’ was released by NSRCEL, the startup incubator at IIM Bangalore, and the Centre for Research on Start-ups and Risk Financing (CREST) IIT Madras in Bengaluru. It showed that the number of incubators in the Indian ecosystem has grown steadily, with Tier I cities housing almost half of all incubators (48 per cent). Chennai leads with a high proportion of academic incubators (82 per cent), whereas Bengaluru and Gurugram have a high proportion of industry incubators at 71 per cent and 84 per cent resp

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