The study has ranked 15 cities of Asia Pacific in three categories based on their performance with regard to business conditions, innovation environment, and cost and availability.

Uber was the biggest of a group of Silicon Valley startups that have spent years raising money in private rounds at record prices

For the ICT and Electronics sector, in particular, Bangalore ranked sixth with 37 companies compared to London's 80.

Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014.

Indian startups seem to be going through a rough patch. Unlike two years ago, when startups were flush with funds, the investors in 2016 have grown wary about startups and their sky-high valuations.

You might have noticed that in the past few months, the news coming out of India's $17-billion e-commerce sector has been decidedly mixed.

The investment momentum in Indian start-ups rocketed over the past five years. PE activity in 2015 touched an all-time high - investments totalled 1,049, over 600 of them in start-ups. The stars of Indian e-commerce became super stars.

It is one of General Motor's biggest investments in another company and the largest single cash injection to date by a traditional automaker into a young technology firm.

Karin Wanngard, Mayor of Stockholm, deliberates on how to transform an old city into a Smart City? the Stockholm way.