9 Reasons why Bangalore is called the Startup Capital of India

Anyone who has been to Bangalore even once might be familiar with the long traffic queues, people working even while riding in cabs, Manyata Tech Park and the uncertain rainfalls. Bangalore is everything that a person could vibe with.

But why is it known as the Silicon Valley of India? Why is it the startup capital of India? Why are investors attracted so much to Bangalore? What is the role of Bangalore in Indian startups?

Let’s unleash the truth behind Bangalore’s startup ecosystem and its success.

Let’s take a quick flashback

Karnataka was ahead of its time. The Karnataka government had a vision and to fulfill it, they sowed the seed of its success soon after the Indian independence. The government came forward and helped with the establishment of various prestigious government offices and research centres.

These institutes greatly contributed to the current scenarios of the state as well as the Bangalore city. Later, the government came up with a policy that attracted a lot of startups. Together with this, aid was provided to the youths of unprivileged sectors of the society.

This strengthened the roots of Bangalore becoming the IT hub of the country.

You also might be familiar with the guy who was working in the middle of the road and was spotted on the streets of Bangalore. It became a huge meme material and says much about the working culture of Bangalore.

The factors that greatly contribute to Bangalore becoming the Startup capital

There are various factors that highly support the startup culture of Bangalore. Let us take a look at them one by one.

1. Home to prestigious institutions- Institutions like IISc, IIM and many other institutions that produce fresh batches of talented youths every year. These students contribute to Bangalore’s tech industry growth.

2. Presence of government offices- Bangalore is home to some of the most exotic offices of Government of India like HAL (Hindustan aeronautics Limited), BEML and BEL. This promotes the development of the public sector and the state benefits from it.
3. Startup policy of the Karnataka government- Karnataka government has introduced startup policies that helps the startups grow more and is lenient on tax imposed on them. They also provide funds and financial aid to these budding startups. This attracts new startups and thus helps in the building of an ecosystem.
4. Abundance of investors- This abundance of investors in Bangalore attracts even more startups. The investors invest heavily in the potential startups as they are aware of the fact that the respective business is going to sustain and bring in huge profits.
5. Biome of corporate ecosystem- The corporate ecosystem is dense and complicated. However, it gives rise to multiple chances to learn, thrive and collaborate.
6. Ample networking opportunities- Bangalore’s startup infrastructure is complex. Being the city of numerous opportunities and an IT hub makes it ideal for an individual to make more connections with different tech savvys. This makes the learning process more fun and intense.
7. Amalgamation of people from around the globe- The fact that Bangalore hosts people from all around the globe makes it diverse and exotic. The work cultures are exchanged among them along with their ethical culture.
8. Exposure to market- Once the students graduate from these prestigious colleges, they get a diverse exposure to the market. It is easily accessible to them and getting a first hand experience at the market makes them confident and incline them more towards their work.
9. Innovation, success stories and Quality of life- Bangalore’s entrepreneur spirit has produced numerous successful startups which are now working as unicorns.These success stories provide with an unsaid promise to the new and budding startups and this leads to innovation.

The reasons stated explains why Bangalore is called the Startup hub of India. There are some brownie points that add to why Bangalore is the hub of startups.

• The ease of transport- Bangalore is a huge city and is connected with each other via roads, metros, and railway lines. The reads are patch free and thus makes it easier for the people to travel to and fro every day.

• Quality of Life- Bangalore hosts people from all over the globe which makes it very secular in the sense of lifestyle. This exchange of cultural and ethical diversity makes it unique in itself.

• Pleasant weather- Bangalore throughout the year experiences pleasant weather. This provides a subtle environment for the workers and the team members.

• The Nightlife of Bangalore- Bangalore has a very lively Friday night culture which can only be seen in only a few cities. As the city never sleeps, it offers leisure time to the people who work tirelessly on the weekdays.

Let’s take a look at some of the most stunning startups that are based in Bangalore

Bangalore has hosted some of the most groundbreaking startups which have made a huge impact on the IT hub. Let’s take a look at some of the most stunning startups.

1. Razorpay:

The startup was established by Harshil Mathur and Shashank Kumar in the year 2014. Razorpay is a payment gateway servicing app for e-commerce platforms. It has been a huge success since the day it was launched. This app is extensively used while making payments. The startup was based in Bangalore and has its headquarter in Laskar Hosur Road, Adugodi, Bangalore, Karnataka

2. Zivame:

Zivame is a lingerie selling brand that was established by Richa Kar in the year 2011. It sells maternity as well as normal lingerie and since its launch, it has been a hit among the female population. The office space of Zivame is present in 80 Feet Road Indiranagar, Bengaluru.

3. Zoomcar:
   

Picture Source: https://www.zoomcar.com

Anyone that lives or has lived in Bangalore might understand the pain of spending a lot of money on transportation alone. To tackle this problem, one can rent cars on hourly, daily, weekly or monthly basis as per their needs. This amazing and useful startup was

established by Greg Morgan and David Back in the year 2013. Since then, it has been a hit. The purpose it serves makes it a unique and trustworthy startup in the market. Its office location is HAL Old Airport Rd, ISRO Colony, Domlur, India.

4. Byju’s:

Picture source- BYJU’S

Byju’s is India’s one of a kind startup that deals with online pre-recorded lectures to teach students. The idea was unique and a hit amongst both parents and students. The startup was launched in the year 2011 by Byju Raveendran and Divya Gokulnath. It has its office located in Bannerghatta MainRoad, Bengaluru.

5. CRED:

Picture source- CRED

If you are someone who has a credit card and find it difficult to manage them, CRED might be the solution to all your problems. CRED is a startup which deals with credit card management and bill payment and was developed by Kunal Shah. It was launched in the year 2018 and has its headquarters set in Indiranagar, Bengaluru.

Takeaway

There are various factors that contribute to Bnagalore’s success as an IT hub. Each factor that contributes to it has its own significance and is crucial for its existence. Bangalore is fast paced, thanks to the dense IT setup it accommodates.

Faqs

• Why is Bangalore the silicon valley of India?

Bangalore hosts a huge IT hub which makes it the silicon valley of India.

• Can I set up a startup?

Yes, anyone can set up a startup until the idea is realistic and feasible.

• Do I need a proper office space to start my business?

Initially, a separate office won’t be required when a business is set up but in the later phases, an office is crucial.

• Are coworking offices safe?

Yes. These offices are safe as they provide proper security.