By | Shesh Rao Paplikar | yourstory.com
Over the years, India has witnessed an uptake of innovative startups. With the right blend of environment, investment, innovation, patents, products and services, startups can scale their way to being profitable. What they need is a breeding ground for innovation and creativity, or in other words, access to ‘Startup Hubs’.
These are areas that provide startups and new initiatives a pedestal to grow and make a name for themselves. Bengaluru, the startup capital of India, has been the genesis for well-known startups like , , , among many others. Back in the day, people flocked to the city for its IT opportunities, but now the city is paving the way for young entrepreneurs. Koramangala, which was once known to woo startups, has now handed over the baton to HSR Layout. But before we get into that, let’s delve a bit into what makes Bengaluru an attractive startup destination.
Bengaluru startup ecosystem goes global
Bengaluru has rightly been christened as the Silicon Valley of India, as it boasts of various technical firms, good transport links, close access to top universities, abundance of talent and the favourable weather is, of course, worth mentioning. Holding 30 percent of the shared office’s space in the country, the city also houses popular co-working spaces like , WeWork, , 91springboard, and Regus.
In fact, according to Startup Genome’s annual Global Startup Ecosystem Report 2021, Bengaluru was one of the top startup hubs across the world. The research also showed that the city and the surrounding state of Karnataka is also the world’s fourth-largest technology and innovation cluster and home to more than 400+ global R&D centres.
Making it big in Koramangala
Koramangala is a premier location in Bengaluru with easy access to the metro, taxis, shared vehicles, housing popular eateries and tons of paying guests and living options for those new to the city. This attracts a huge cosmopolitan crowd and youngsters, which makes it a fantastic testing ground for young entrepreneurs trying to launch new products and services.
