Startup incubators & accelerators in India grew 40% in 2016
The number of incubators and accelerators in India have grown by 40%, with over 40 new ones added in 2016, according to Nasscom. India has more than 140 incubators and accelerators at present split across corporate (9%), independent (32%), academic (51%) and government supported (8%) categories. In 2016, 66% new incubators were established in Tier II and Tier III cities.