India now world's third largest startup base: Nasscom
India has emerged as the world's third largest startup base, behind the US and UK, according to a new report by Nasscom. Nearly 1,400 new Indian startups are expected by end of 2016, and the country will be home to 10,500 startups by 2020, the reports claims. It added that Bengaluru, NCR, and Mumbai remain the country's major startup hubs. 