StartupTN (Tamil Nadu Startup and Innovation Mission) and Startup Genome have teamed up to spotlight Tamil Nadu’s entrepreneurial ecosystem in the Global Startup Ecosystem Report

• Tamil Nadu created $27.4 billion in Ecosystem Value from Jul 01, 2021 to Dec 31, 2023. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations.

• Ranking as the #21 - 30 Emerging Ecosystem

• Top 25 Global and Top 10 Asia Ecosystem in Affordable Talent — measures the ability to hire tech talent

• Top 15 Asia Ecosystem in Performance — measures the size and performance of an ecosystem based on the accumulated tech startup value created from exits and funding

• Top 20 Asia Ecosystem in Funding — measures innovation through early-stage funding and investor’s activity

• Top 25 Asia Ecosystem in Talent & Experience — measures long-term trends over the most significant performance factors and the ability to generate and keep talent in the ecosystem

• Top 30 Asia Ecosystem in Knowledge — measures innovation through research and patent activity

• The Deeptech, Saas, and Fintech sectors are highlighted for their density of talent, support resources, and startup activity

• A robust and resilient digital infrastructure, the IIT Madras Research Park, and recent plans for the Tamil Nadu Knowledge City project, are cited as reasons a startup should move to the ecosystem

“Tamil Nadu is marching towards a $1 trillion economy 2030 vision and our startups and innovators are playing an impeccable role in this journey. We are nurturing the startup culture in the nook and corner of the state in alignment with our aim for an innovation-driven economy that ensures socio-economic growth,” says Thiru T.M. Anbarasan, Honorable Minister, Micro, Small and Medium Enterprises Department.

"We take great pride in our collaboration with StartupTN to showcase the success and potential of Tamil Nadu's fast growing startup ecosystem. Tamil Nadu's inclusion in our global network of leading innovators drives further success through the sharing of vital insights and best practices," shares Marc Penzel, Founder & President of Startup Genome.

For more insights and an overview of Tamil Nadu’s startup landscape, visit the Tamil Nadu ecosystem page.

To learn more about startup ecosystems around the world, view the full, free Global Startup Ecosystem Report.