Dealroom.co data, which is analysed by London & Partners, being the Mayor of London’s international trade and investment agency. It has recently revealed all the investments coming around the countries on January 14.
And guess what? Bengaluru, Karnataka tops the list which grew 5.4 times from $1.3 billion in 2016 to $7.2 billion in 2020. And India’s financial centre Mumbai has ranked sixth. Meanwhile, London registered an impressive three times growth between 2016 and 2020, rising from $3.5 billion to $10.5 billion.
Hemin Bharucha, Chief Representative of India at London & Partners says that London has a strong trade and investment relationship with cities across India. And it also ranks at top five in world’s tech venture capitalist (VC) investments, Mumbai ended up at 21st position and whereas Bengaluru is also in the list with sixth position!
Bengaluru-headquartered tech company offering new generation IT consulting and managed services which expanded to London last year and London Mayor Sadiq Khan says, “London is already home to some of the world’s best technology companies and will remain open to international investment and tech talent from all over the world.”
Meanwhile, another report on global traffic congestion ranking, has three Indian cities in the top 10. Mumbai ranked second in the world, Bengaluru sixth, Delhi eighth and Pune at number 16 among 416 cities across 56 countries on traffic congestion level parameters.