December 15, 2025 Summary: The “States’ Startup Ranking 2025” reveals that cities like Indore, Jaipur, and Kochi are now rivaling Bangalore and Delhi in startup creation. Lower operational costs and improved digital infrastructure have led to 48% of all new recognized startups emerging from non-metro areas, fostering a more inclusive and geographically diverse entrepreneurial landscape.
Tier 2 and Tier 3 Cities Emerge as India’s New Innovation Powerhouses
