The Startup Genome, a company that aims to transform tech entrepreneurship from a gut-driven into a data-driven endeavor, has today released its global ranking of top 20 startup ecosystems in a research report. Representing Asia is Singapore (17th) and Bangalore (19th), who are the the only ecosystems from Asia in the top 20. Australia fared well, with Sydney (12th) and Melbourne (18th) making the shortlist.
This version of the rankings is updated from the one that was released in April this year, which included less variables and didn’t account for population size. Read more
Barring further last minute visa problems, I made it to Bangalore with a few days to spare for TechSparks 2012, India’s largest tech startup discovery platform. Prior to the frenzy on the actual day, I saw the YourStory.in team busy themselves getting everything set up for the conference and also arrange special one-on-one sessions for the top thirty startups with sponsors Intel and Sequoia Capital.
Third time running, TechSparks scours the entire nation to find the top product technology startups. The 5-month long search was done across five cities: Mumbai, Delhi, Chennai, Ahmedabad and Hyderabad. The competition saw more than 2000 entrepreneurs and 800 teams pitch to be selected to present at the Grand Finale in Bangalore, but there would only be 30 semi-finalists with 15 finalists that would eventually present on stage.
These 15 teams had six minutes each to convince a panel of judges why they should win. While there are no prizes involved for TechSparks, the honor of winning and media exposure makes it worth the effort. TechSparks 2011 has proven to be quite a game-changer for the majority of the 30 teams that took part last year: 15 raised funding, 1 was acquired and 1 acquired a Northern Ireland startup. Read more
Singapore is the top Asian startup ecosystem and 7th overall in the world, a just-released global ranking of the world’s top 25 ecosystems revealed.
The ranking is compiled by Startup Genome, a research project on tech entrepreneurship around the world.
Ranked according to “average throughput”, the only other Asian cities in the list of the top 25 are Bangalore at 9th and Mumbai at 20th. Sydney and Melbourne come in at 21st and 22nd respectively. Read more