Hiring techies in Silicon Valley costs 12 times more than that in Bengaluru

Affordable talent has always been a key factor for the I-T hub, reports Tech in Asia

The 2017 Global Startup Ecosystem Report has listed four Asian countries in the top 20 startup ecosystems in the world. In 2015, the continent was represented by Singapore and Bengaluruonly. But this year, Beijing and Shanghai was added to the list.

Singapore now ranks 12th (10th in 2015) and Bengaluruis at number 20 (previously 15).

For Bengaluru, the scenario is a bit different because the main challenges it is facing are in the fields of talent and the startup ecosystem itself. On the talent front, while Bengaluruhas an immense amount of talent available, most of it is not industry-ready, which