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Bengaluru has emerged as the second-largest hub for India’s most valuable companies, trailing only Mumbai, according to the Hurun India and Axis Bank report released recently. The city is home to 45 of the nation’s top firms, including 21 startups.
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Among Bengaluru’s corporate giants, Infosys holds the title of the most valuable, followed by Wipro and Titan Company. In the startup segment, quick-commerce platform Zepto leads the pack with an impressive 269% year-on-year growth. Other high-value startups from Bengaluru featured in the Hurun 500 list include Zerodha, Razorpay, and Dailyhunt, collectively valued at ₹1.94 lakh crore.
The total valuation of companies based in Karnataka has surged to ₹25.9 lakh crore, reflecting a 13% rise since 2021. The software and services sector dominates the state’s economy, with seven major firms, followed by healthcare, financial services, and real estate.
Employment in Karnataka’s top companies has also seen significant growth, with the workforce expanding by 29% since 2021 to reach 1.3 million employees.
On a national scale, Reliance Industries retained its position as India’s most valuable company for the fourth consecutive year, with TCS and HDFC Bank following close behind. The total net value increase among startups on the list amounted to ₹1.09 lakh crore, led by Zepto, OYO, and Zerodha.
