Monday, August 10, 2015

Is it too early to call Bangalore Namma hub startup India?





When it comes to home ecosystem in India, Bangalore has finally we got on the world map. Recently Global Index beginning Bangalore Genome placed in 15th in the world rankings in general, which means that the city has increased by four places from their point of 19 in 2012.

Bangalore also justifies the classification performance with the highest number of new companies, the growth rate and evaluation. As for venture capital funding, Bangalore is sixth after technology hubs such as Silicon Valley, New York, Boston, Los Angeles and Tel Aviv in Israel, the past, the report said.



Mumbai is the financial capital and IT has been brewing in cities like Pune, Hyderabad and Chennai too. However, when it comes to new businesses or technologies in India, Bangalore is possibly the first city in the pop-up in most minds. Let's look at what is possibly making the kick shaft Bangalore India.

"Bangalore is also a very young startup ecosystem, aged 20 all ecosystems average younger founders'" says Compass report added.

First, you can not deny that Bangalore seems to be a young tech-soaked city. Bangalore welcomed the information technology with open arms and the pool of talent has contributed to readily available resources and put together some great minds.

Rama Harinath, the co-founder of Homelane says, "Bangalore has a bustling ecosystem of technology talent, mentors, accelerators and incubators. You can not miss budding entrepreneurs in any coffee shop in Bangalore. It will take time for other cities to build this kind of momentum. "



Along with a strong infrastructure that brings large group of technology experts and cosmopolitan culture, Bangalore has other advantages in terms of educational and business institutions. For example, it has has the science center in India, with over 100 R & D, the highest number of engineering colleges and a pleasant climate. It is also known for being the backbone of the outsourcing industry in India.

Living in the bustling Koramangala an incubator space or coworker advertising cutting blades stuck on a tree trunk still surprises more. The business section of the newspaper does not seem boring to some more interesting startups that get their fair share of viewing space. But wait, it is that it is too early to reach a consensus? Now, everyone believes that Bangalore is the center of home. But let's see what's on the other side of the coin flipped.

"Bangalore is home to the highest density definitely ups, but I do not think it's the kick shaft India. In terms of pure business" profitable "for example, Delhi Bangalore beats hands down. Pune is an emerging ecosystem. Chennai has the maximum number of startups SaaS (is becoming SaaS central India). So it feels like India is a multi-hub ecosystem, not one place a 'Vijay Anand believes TheStartupCentre.



In a recent thread Quora, Anand was to explain how the startup-hub concept is old school, where people had to be in the same place, face to face, to learn things. Today, the world has evolved with Skype, Google Hangouts, Quora and various other forms of learning, equity markets and approach.

"Even the newest centers in the US are not Centric Silicon Valley, the world is changing towards a distributed cluster model where there is a game to Seattle, New York, Chicago, Boston hell even for Boulder. The Indian model also will follow a similar trend. Depending on whether you are building a business company, a business offers a tech startup, or you need cash flow care (business platform), or one driven by advertising and the media of influence, the city where you have to plant your feet vary. No one city, "he explains.

Although Bangalore is an open breeding ground of entrepreneurs, other cities seem to be catching up soon. Pune and Chandigarh are believed to be at the forefront, some others also respond in Chennai and Delhi.

"Since it has been a city that has always had product development backend (but never the strategy or bits of marketing), seems a bit sparse. But I can see how some businesses and niche (with strong technical approach) can thrive here very well. Very small distractions and good weather. Very close to Mumbai ", he writes about Pune. However, Mumbai seems a lost cause for him as all conversations in Mumbai finally zeros to retail and finance. In fact, Mumbai has always been Lagard when it comes to new technology companies, and it was only when the incubators IIT Bombay began to hit the drive, a considerable network now seems to emerge.



Delhi is the place where the clock is ticking income at all times. "But the problem with Delhi is that, while its haven for" deal sites "as SnapDeal, Jabong etc, new technology companies will struggle there," wrote Anand. Now, they will not be treated unfairly by saying that a startup will thrive in a city that is best for her and has the resources it requires.

After all, a startup is where budding entrepreneurs are comfortable working - taking into account many factors that affect particular product and its founders - ranging from climate, type of products, resources, and prospective clients.

Thus, depending on the implementation, you can choose any city, whether Pune, Bangalore, Chennai, Delhi and Chandigarh. A startup's technology would be based in Bangalore or Pune-based business while it would be better located in Mumbai. A plethora of other factors also matter, access to customers, whether owned property, lease or rental, infrastructure, access to venture capitalists and mentors also matters. Speaking of the VC and mentors, it could not be said that one can not deny that steals Bangalore brownie points.

Therefore, lead is in Bangalore and other catch up before or really time to grow out of the culture on-cube generation with the following ways of communication. What do you think, is it too early to call the kick shaft Bangalore India?

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