Bengaluru is home to 51 percent of IoT startups in India
It is well known that Bengaluru leads the charge in India when it comes to being a startup hub. Now, there is data to endorse that fact. Of the 971 Internet of Things (IoT) startups in India, 536 are registered in Bengaluru, according to the IoT Startup Directory 2017. In 2014, there were 123 IoT startups in the country, and their number grew to 275 in 2015. In 2016, the number grew 60 percent to reach 470 startups, and recent data reveals a growth of over 100 percent as 971 startups are accounted for.
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