Bangalore / Bengaluru!!! words fall short to describe the city. How many of you agree with this? Every single day new companies, new colleges, new schools, new shopping centers, new eateries, what not. Today Bengaluru is called the silicon city and the start-up capital of the country for a reason. Bangalore/Bengaluru has been gaining a reputation around the world as a tech start-up center in India & world’s 3rd largest tech start-up. Not only IT companies, many other finances, communication, organic, and many ecology-based sustainable companies have been seen taking their first footsteps and making Bangalore their head office.
There are so many metropolitan cities in our country like Mumbai, Delhi, Chennai & Hyderabad, but still many of them prefer Bangalore.
What drives people to Bangalore? How developed is Bangalore’s ecosystem for the survival of start-ups? Well, there would be so many reasons, but in this article below I have attempted to bring together some of the prime reasons.
Bangalore is home to a large number of engineers and MBA graduates who are just starting their careers. Soon after, they realize that IT sectors and corporations have drawbacks, they think of starting their own business, which is generally technology-related, mainly e-commerce websites and online portals, and primarily services-oriented firms. Thanks to social networking sites that bring like-minded people together, and there is a lot of availability of resources (more people) combined with ideas makes it possible, something that appears to be more difficult in other parts of the country.
Bengaluru has always been at the forefront of driving the expansion of technology development in the country, rerouting the road to becoming the most sought startup ecosystem. Due to the abundance of best-in-class universities and expertise in Bengaluru, deep-tech and bioscience firms have garnered the most investors. According to reports, Bengaluru can fund one out of every four high tech, healthcare tech, and financial firms. There are around 400 R&D centers and many innovative tech-driven driven design businesses in the City. Many biotechnology companies have been headquartered in Bengaluru.
Bangalore is one of India’s most gen z cities. I mean to say, most of the city’s population falls in the age group of 15 to 35. This youthful vigor is matched by a large technical skill pool, with many engineering universities producing thousands of engineers every year. Between 2019 to 2035 Bangalore is going to be one of the fastest cities globally, according to the Bengalor’s GDP records.
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There are thousands of startups in Bangalore, not only IT companies, many other companies are also doing fairly well. These are some of the top 5 IT startups in the city.
If you are planning to start a business or a startup company, just keep a few things in mind, as a startup, you must seek out areas where you can mingle with like-minded individuals. Building a startup is a difficult route, you may become demotivated, discouraged, and lose motivation at times, but if you surround yourself with like-minded people, you will be able to flourish.
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