(Satya Havilah, Intern Journalist) Bangalore: Bangalore, the capital of Karnataka, has a rare reputation. Already known as the IT Capital of India, the city is now one of the fastest-growing tech hubs in the world. Bangalore is followed by European cities like London, Munich, Berlin, and Paris. The financial capital of the country is Mumbai Arosthanam. These ranks are based on investments received in the respective cities between 2016 and 2020. Investment in Bangalore has grown 5.4 times in recent times.
In 2016, the investment was $ 130 crore. By 2020, it has reached $ 720 crore. In the same Mumbai, it has gone up from $ 70 crore to $ 120 crore. Bangalore is also ranked 6th in the world in terms of world tech venture capitalist investments. Beijing tops the list, followed by San Francisco, New York, Shanghai, and London. Mumbai is ranked 21st.
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