India is ranked second in the world for digital shopping investment, with Bengaluru topping the list.
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India has grown from $8 billion in 2020 to $22 billion in 2021, making it the world’s second-largest venture capital investment engine for digital retail startups. Last year, India came in second to the United States, which received $51 billion in investment, followed by China, which received $14 billion, and the United Kingdom, which received $7 billion. Bengaluru comes out on top internationally in terms of Venture Capital (VC) investments in digital shopping, followed by New York City (second), San Francisco (third), London (fourth), and Berlin (fifth).