- Best Entrepreneurial Ecosystem
- Ample networking opportunities
- Strong Support from Government and Angel investors
- Sophisticated Infrastructure
- It’s a hub for organizing technical Events
- Pleasant climate to set a perfect ambience for Business
- Dream location for entrepreneurs
- Diversity in culture
Angel Investors flourishing in the Silicon Valley of India
Undoubtedly, Bengaluru stands third-highest according to Nasscom’s report when it comes to tech-based startups spread across globally. India tops the third position after Silicon Valley and London of US and UK cities for having the largest startup ecosystem. When Chennai is referred to ‘Detroit’, Bengaluru is referred to as ‘Silicon Valley, a Global home for major technological innovation.
Several names like Silicon Valley, Garden City, Pensioner’s Paradise, Metropolitan City, Space City, IT Hub, and so on have been dedicated to the magnificent Bengaluru.
It’s never a ‘Cake Walk’ when you seek to do something that already exists. Moreover, it becomes a hardcore job if it’s of the same sector to prove uniqueness and establish a company brand; competition arises and effort to strive begins. Going out of the way and doing out of the box and standing out among the ordinary and being extraordinary is how the principle of startup works.
The startup opportunities are not confined to urban spaces but also scattered in rural areas. Aspiring entrepreneurs can find better prospects for the startup business, it has expanded to any geographical area.
Karnataka’s startup ecosystem aims to help startups through strategic investment and policy interventions by developing an improved innovative environment in Bengaluru. The Karnataka government initiated the startup policy in 2015 and according to the startup Karnataka’s statistics, almost 47 innovation Hubs have been developed.
As per the recent estimates, Bengaluru has been ranked as the fourth most productive and fastest-growing metro city of India with 10.3% economic growth. Considering the 2017 statistics record, the IT firms in Bengaluru provide up to 1.5 million jobs in the IT and IT-enabled services sectors. Forbes, the best-known Global media company involved in delivering incredible information related to business entrepreneurship believes Bengaluru as “The Next Decades Fastest-Growing Cities”. Along with technology, research and development in science also have a great scope in Bengaluru. Centers such as IISC, ISRO headquarters may be evidence of Bengaluru to be known as IT Hub.
As per the Bengaluru Innovation Report 2019, studies stress on the importance of tech ventures. From the time of 2016 until now the state capital has homed more than 5000 tech startups. And for Bengaluru what else is lacking? It is beckoning inspiring leaders, who not just contemplate ideas but see to that those sustainable ideas eventually grow into a successful company. With such a hi-tech atmosphere( Electronic City, Ecospace, etc.) including mass multinational companies and tempting tranquil environment for trendsetting lifestyle, why not investors seek a chance to encourage ideal amateur entrepreneurs to blossom? In addition, being itself a startup investor, Hyderabad Angels have been the key link between the ambitious investor and startup owner across the boundaries of India.
Among the well-known startup investors in India, HA has been exemplary in lending hand-holding support to several budding entrepreneurs and got connected with affluent investors. Due to their unending support, today the attempts of startups, have paved glorious progress, such as few current investments to mention like Dialogue in the Dark, Health Sutra, ZineOne, MylabYogi, Gibss, edutor, Chai Kings, Identis, Niki, Signalx, Twigly, and more. So, now it is your turn to bring life to your awaited aspirations. Bengaluru being an IT hub, encouraging biotechnological startups spotlights a vast scope in the locality. It makes perfect teamwork to result in exceptional outcomes.