Bangalore is deemed the startup hub of India today, the city wasn’t initially seen as fertile land for business. And it was after the country attained independence in 1947 that Bangalore evolved into a hub for public sector industries – particularly in aerospace, telecommunications, heavy equipment, space, and defense – and saw massive investments from the government. This caused manufacturing giants like The Hindustan Aeronautics, The National Aerospace Laboratories, Bharat Heavy Electronics, Indian Telephone Industries, and Bharat Earth Movers to have headquarters based in the Karnataka capital. “Because of this concentration of technical and scientific manpower, Bangalore witnessed the IT revolution in early 2000.
Alankar Gupta has answered many questions which are frequently asked How did BANGALORE become Silicon Valley and Startup Heaven of India?
How did Bangalore Become IT Hub?
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How Bengaluru Became India's Silicon Valley?
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0:00 intro silicon valley of India
3:12 Startup heaven of India
3:14 first reason for silicon valley of India
3:41 second reason for silicon valley of India
4:09 third reason for silicon valley of India
4:21 Forth reason for the silicon valley of India
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The benefits of Bangalore’s infrastructure and abundance of resources led many multinational corporations to follow suit and place their headquarters in the city. Apart from global titans like Amazon and Uber, the list includes infotech businesses like Cognizant, Texas Instruments, Wipro, Microsoft, SAP LABS, Accenture, and Infosys. “[The] shift of Infosys’ headquarters from Pune to Bengaluru encouraged the setting up of more IT companies and created thousands of jobs. Additionally, unicorns – namely Swiggy which raised $1.5bn over nine rounds, and Flipkart which has $7.5bn funding in total – indicates how lucrative Bengaluru’s ecosystem is. “India’s startup landscape has become the epitome of innovation and Bangalore is one of the future faces of India.
Clearly, VCs are getting increasingly attracted to injecting money into Bangalore given the slew of unicorns already present. “Flipkart and Ola are phenomenal success stories not just for themselves but for the whole Bangalore ecosystem".
Who is Alankar Gupta?
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