Rightly known as the ‘Silicon Valley’ of India, Bangalore or Bengaluru nurtures the largest startup ecosystem in the country. There are more than 7,000 startup companies in Bangalore some of which have made it to the global marketplace. In fact, a report in 2019 stated that the city has the third highest number of tech startups globally.
Why is Bangalore Considered A Startup Hub?
It has been widely observed that most startup companies in Bangalore have made it big. Let’s get a fact-check to know why.
In the early 1980s, Bangalore emerged as the IT hub of India when several MNCs had set up their headquarters in the city. These tech conglomerates drew manpower from all parts of the country in order to provide jobs. Ever since, tech companies in Bangalore have thrived successfully. This predefined tech culture, salubrious climate, established technology institutions and proactive government policies have shaped Bangalore as a startup magnet.
Startup companies in Bangalore have also been nourished by numerous incubators and investors ready to fund the next great venture.
Can Startups in Bangalore Still Sustain?
When the city is already dense with gigantic companies, will start-ups sustain the competition? Well, yes! Although, there are numerous companies in Bangalore making it big, startups still have a fair chance to sustain there. The reason is, in order to find jobs in Bangalore, much of the country’s population moves to the city. This facilitates cheap labour and a vast scope for new start-ups to thrive.
If you still doubt the idea, borrow some inspiration from these 10 start-up companies in Bangalore that redefined start-ups.
List of 10 Start up companies in Bangalore that redefined start-ups
- Ather Energy
Now, Let’s get into details
Tagged as India’s first unicorn start-up company, InMobi was founded in 2007 at a residential apartment in Bangalore. Founders Naveen Tewari, Mohit Saxena, Amit Gupta and Abhay Singhal rebranded mKhoj as InMobi with a vision to take it global. Previously providing SMS-based services, the company now is a global tech giant specialising in mobile advertising and marketing.
The Bangalore-based startup is now spread in 12 countries across 5 continents with 22 offices and a 1000+ employees. The best part is, if you are looking for jobs in Bangalore at major start-up companies, InMobi is hiring! Check the available positions here and get an opportunity to be a part of the best startup companies in Bangalore.
So what if you’re a woman? By launching Zivame in 2011, Richa Kar busted all stereotypes regarding women not being entrepreneurs. Amongst several start-up companies in Bangalore, Zivame took the lead to reshape India’s lingerie market with its e-retail store.
Kar worked for several years in the IT and retail management domains before trying her luck in the start-up ecosystem. The company’s vision is to help women shop for intimate wear uninhibitedly and break all the norms.
An IIT Roorkee alumni start-up, based in Bangalore, Razorpay was founded by Shashank Kumar and Harshil Mathur in 2013. This fintech start-up has revolutionized online payments with its hassle-free integration and developer-friendly APIs. In fact, up until recently, this Bangalore-based startup company was India’s first and only converged payments solution company.
What’s exciting, you ask? Razorpay is hiring! Secure your chance to work with one of the leading start-up companies in Bangalore, right here.
Founded as early as 2008 by Shashank ND and Abhinav Lal, Practo is a one-stop-shop for nearly all medical requirements of patients. The Bangalore-based start-up has gained the trust of millions of users with its efficient and effective services. From booking appointments with doctors and diagnostic centres to getting medicines right at your doorsteps, Practo has aced it all.
An interesting story that stimulated the inception of Practo, was from the personal life of its founder, Shashank ND. In 2008, when ND just graduated from NIT, Suratkal, his father had undergone a surgery. He ideated an app like Practo while he got overwhelmed to maintain his father’s medical reports. You see? An inspiration for a startup can knock your door anytime.
With more than 5 million consumers reaping benefits from their services, ZestMoney came into effect from 2015. Founders Lizzie Chapman, Priya Sharma and Ashish Anantharaman founded this start-up company in Bangalore, aimed at enabling access to credit for all. Due to insufficient credit history, lack of credit cards and access to finances, a large section of Indian society faced financial issues. ZestMoney, however, grabbed the opportunity here to solve the concerns of society alongside earning revenues for their services.
Founders Vamsi Krishna, Pulkit Jain, and Anand Prakash founded Vedantu in 2014 with a pre-existing enthusiasm for mentoring. Unlike most start-up companies in Bangalore, Vedantu aimed at providing live online classes by the best teachers in real time. The platform was initially designed for students from classes 6 to 12 and for preparations of entrance exams. However, now it offers live streaming for classes 1 to 12 as well as for the preparations of JEE and NEET.
With HackerEarth, two college buddies, Vivek Prakash and Sachin Gupta willed their idea of making easier recruitments into reality. The two started a company based in Bangalore that had built a developer assessment software. This software is designed to assist organizations in recruiting their ideal candidates for technical requirements based on their ranking.
HackerEarth is amongst one of the best start-ups in Bangalore that are hiring talented professionals.
You’ve probably come across advertisements from Meesho if you haven’t used the app already. The app proudly claims itself as India’s #1 Reselling app. Meesho, literally meaning My Shop. It was founded by Vidit Aatrey and Sanjeev Barnwal in 2015. This Bangalore-based start-up company aims to provide a virtual shop to potential entrepreneurs.
The platform now has millions of sellers from 700 towns in India. Meesho’s innovative selling was probably the reason why it caught the social media giant, Facebook’s attention. No wonder why it emerged as the first Indian company to gain support from Facebook!
Founded by Able Joseph in 2014, Aisle is a dating app start-up company based out of Bangalore. It can be differentiated from its counterparts as it serves a middle-ground between dating apps and matrimony sites. The app is customized for Indians all across the world to connect and initiate conversations with their “could-be”s. The platform has successfully attracted more than 3.4 million users by 2020. Interestingly, with its recent pre – Series A round of funding, Aisle plans to enter Tier-II markets across the country.
Making its way into the 10 start-up companies in Bangalore you must know of, Ather Energy is a game-changer. Focusing on manufacturing electric two-wheelers for the Indian markets, this start-up is a brainchild of Tarun Mehta and Swapnil Jain. It was founded in 2013 and presently manufactures two electric scooters, namely, Ather 450 & Ather 450X.
Can I Startup My Own Company in Bangalore?
Yes, of course! Irrespective of the surging competition amongst the startups in India and across Bangalore, it is always a salubrious abode to new ventures. However, all successful start-ups emerge with a goal to solve a massive problem. Therefore, to make it big, make sure your start-up resolves at least one major concern for the masses.
All the best!