Known as Namma Bengaluru among locals is well known for its climate, IT hub and lot many things
But, there are a lot of other interesting stuff too, stay till the end
I will reveal a lot to the best of my knowledge
First, since most of you would like to know about
Why Bangalore is there best City in India to live in and also for startups?
So, let me tell you
There is something undoubtedly charming about Bengaluru. From the vibrant crowd and breathtaking skyscrapers to the hustling city-life it has to offer, once you live in Bengaluru, you are smitten for life.
Let’s look at a few of the main reasons why this city is the best Indian city to live in for both, most potential home-buyers and seasoned investors.
It offers a pleasant climate
Bengaluru is the only urban city where you can experience beautiful weather conditions all year round. Strategically placed in the southeast of Karnataka, this city offers the perfect concoction of sunlight and rain with a touch of pleasant breeze.
The young and energetic crowd of the locality leaves no stone unturned in dressing up for the crispy summers and layering up for the chilly winters
It is the Silicon Valley of India
Bengaluru is peppered with over 50 thousand companies from the software, biotech and BPO industry.
This only means that there are an array of job opportunities in the locality, attracting college freshers and experienced professionals to the city for new beginnings.
The large multitude of job openings has given rise to a versatile city crowd, as working individuals from around the nation move in on a regular basis.
It has a top-notch infrastructure
The bustling city of Bengaluru provides the top-notch infrastructure for the benefit of its residents, making it the best city in India to live in.
The Bengaluru Water Supply and Sewage Board (BWSSB) ensures an abundant supply of water and efficient sewage disposal systems throughout the city.
Additionally, the locality enjoys uninterrupted power from the Bengaluru Electricity Supply Company Limited (BESCOM).
Due to these unbeatable urban facilities, Bengaluru is now dotted with new-age commercial developments and luxurious residential landmarks, that benefit from the unmatched infrastructure the city has to offer.
Furthermore, this capital city is packed with renowned educational institutes, like the Canadian International School, well-known hospitals, buzzing shopping malls and a wide variety of restaurants and hotels that offer all kinds of cuisines, whether it is fine-dining or street food.
It provides seamless connectivity
The skeletal structure provided by the roadways of Bengaluru is what sets it apart.
The roadways in the city are divided into north, south, east and west divisions with arterial roads like Mysore Road, Kanakapura Road, Old Madras Road and Bellary Road keeping the city well connected.
Additionally, the Namma Metro Rail is the first underground metro line in the southern part of India and globally the 79th largest in terms of the number of functional stations. The entire phase 1 of the metro line has been completed and operational since June 2017.
The environmentally-friendly city of Bengaluru is also home to the fully solar-powered airport – the Kempegowda International Airport.
This airport ranks third in India in terms of passenger traffic and is known for its unbeatable international and domestic operations.
It is rich in culture and heritage
If you thought the happening city of Bengaluru is constantly buzzing with urban activity and has lost touch with its cultural roots, you have been mistaken.
Though the city is popularly known as the Silicon Valley of the nation, it is also commonly referred to as the “Garden City of India”. This green city stays in tune with the environment with lush parks like the Lal Bagh, Cubbon Park and Jayaprakash Narayan Biodiversity Park.
It also has a plethora of historical monuments like Tipu Sultan’s Summer Palace, Bengaluru Palace, Vidhana Soudha and Mayo Hall that attract tourists like moths to a flame.
It is a real estate hotspot
Like a domino effect, when a city checks all the boxes for luxurious living, it automatically becomes a real estate hotspot.
Apart from the wide range of residential neighbourhoods situated in the heart of Bengaluru, potential homeowners are also spoilt for choice with a large number of gated communities and corporate hubs coming up in the outskirts of the city.
These developments offer high appreciation rates with guaranteed returns.
These reasons are proof that Bengaluru is, without doubt, the best city to live in India.
It is not an easy decision to find out the right location for your startup.
You should be able to connect with the right people, hire skilled and talented employees, and get support from the government and your community to effectively enable the entrepreneurship development in the city.
Bangalore, also known as “Silicon Valley”, is the only place in India you can find this perfect startup ecosystem. India’s youth population is the largest in the world.
As per Bloomberg News analysis, “India is likely to have the world’s largest workforce by 2027, with a billion people aged between 15 and 64.”
Why Bangalore for startups?
Bangalore hosts its own Startup Weekend to highlight local area startups.
The city has the best entrepreneurial ecosystem and financial environment to start and grow a business. Moreover, the metropolitan city has a lot of networking opportunities that foster the growth of startups in the area and thus makes Bangalore a “Startup Heaven”.
Furthermore, co-working spaces in Bangalore are also supporting the rapid outgrowth of startup hubs in India by offering a wide range of facilities to satisfy the needs of its clients.
The co-working spaces provide a platform for all the independent workers to communicate, collaborate and to work together with an aim to increase their creativity, productivity, and efficiency.
Thus, by providing a networking platform, it enables all the startups, freelancers and emerging businesses to succeed by aiding one another.
There are a number of places like Koramangala, MG Road, Jayanagar and Indira Nagar in Bangalore that boasts of many budding startups.
1. High Density of Investors
For launching any startup, funding is fundamental and critical. In Bangalore, there is relatively easy access to a large number of venture capitalists and angel investors.
You need to have a great idea, the right state of mind, vision, motivation and right direction for your startup, and it won’t take you long to find your guardian angel here.
Besides, the entrepreneurs can also apply to the Karnataka Government for funds provided they register their companies under the Karnataka Shops and Commercial Establishment Act, 1961.
The Karnataka government launched the startup policy in 2015 and has set up several funds with a corpus of over Rs. 300 crores to back startups across different sectors such as biotechnology, tourism, and animation.
2. Amazing Infrastructure
A well-planned infrastructure is always needed for faster economic growth. In order to expand their business one requires having the adequate infrastructure in the form of roads, railway transport system, ports, power, and airports.
A planned infrastructure-from better road to faster broadband – is essential to give startups the confidence to grow, as it is necessary for businesses to deliver employment, growth and national prosperity.
Bangalore is one of the top-ranking cities in India that offers a highly developed infrastructure for startups to launch and is positioned number 84 globally among developed urban areas.
3. Cost of Living
Founding a startup in a cosmopolitan city where the cost of living remains low is always the preference of startup founders. In Bangalore, the cost of living still remains low compared to its big-city counterparts like Mumbai and Delhi.
4. Technocratic Power
Bangalore city, home to between 1,800 and 2,300 active startups, has a majority of young, hardworking tech talent available compared to other startup hubs.
Every day, Bangalore sees a huge influx of talent from all parts of the country making most of the talent available here.
5. Meetups and Technical Events
Bangalore is the city that organizes a wide range of meetups, hackathons and many other events every year.
This fact contributes to one of the biggest reasons why the city is a heaven for startups.
These events enable budding entrepreneurs to mingle with the community, get a chance to share their experiences of overcoming the challenges and achieving the goals.
They also get ideas and inspiration from speakers and other attendees, showcase their ideas, products, and potential and thus get to connect with each other.
We all know that weather strongly influences our mood and also affects productivity, concentration, and efficiency, so we always prefer to work at a location where we can find a calm, soothing and pleasant weather.
That is why most of the people launch their startups in the city of Bangalore as the city has the best weather, unlike the other cosmopolitan cities.
There is a number of Media platforms like NextBigWhat, ET Tech, Yourstory and Medianama that are present in the city that focuses on startups and entrepreneurs.
If you’ve got a great idea to offer and a good state of mind and vision, then be sure that exposure, coverage, and networking are all yours.
Apart from all these things, we also have some
Surprising and interesting facts about Bengaluru for you
- Elevated at the height of over 3000 feet [914.4m] above the sea level, Bengaluru is situated even above Dehradun [630m]. No wonder the city enjoys pleasant weather throughout the year.
- Silicon Valley, everyone knows that Bangalore is known as the silicon valley of India, but how many know that the city houses 212 software companies.
- Bangalore has over 200 lakes and tanks but most of them are untraceable due to encroachment. There now stand bus stops, golf courses and residential colonies.
- Every 5 minutes a person is bitten by stray dogs in Bangalore. The ratio of dogs vs humans is 1:37.
- The city has a record number of pubs and also holds the record for the highest number of cigarette smokers in India. Generally, the majority of pubs are located in Brigade Road and Indiranagar.
- The national crime records bureau shows 35 suicides per 1,00,000 people in Bangalore, thus earning in the ominous title of suicide capital of India.
- The city has the highest percentage of engineers in the world, with more than a million IT professionals making the city their home.
- Bengaluru has 21 engineering colleges which is the highest in any given city of India. In addition, the Bengaluru university has 57 engineering colleges affiliated to it.
- The population of local Kannadigas in Bangalore is less than 40%, it is truly cosmopolitan.
- Stuck on the road again, no wonder since Bangalore has the highest density of traffic in India.
- Think before disposing that empty chips packet or banana peel on the roads of Bangalore. it is so far considered one of the cleanest city in India.
- There are many places to shop in Bangalore from a street vendor to ultra-luxury brands at premium malls.
- UB city at Vittal Mallya Road is one of the ultra-luxury malls in India, whereas Shivaji Nagar, S.P road is considered as the lungs of street business in Bangalore.
- Except for the Gulf region, Bangalore sends the highest number of professionals abroad, especially to the USA.
- The Forbes magazine considers Bangalore as one of the “The next decade’s fastest-growing cities”. The last 2 decades have seen tremendous growth in the city.
- It is the home for startups, many Indian startup brands like Flipkart, Ola, Myntra, Infosys are founded here.
- Bengaluru is the base for nearly 47% of the 265 biotechnology companies in INDIA, including Biocon, India’s biotechnology.
- Though it is widely assumed that Kempegowda was the founder of Bangalore city, records found in Begur referring to the city from 890 CE shows it has a much older history.
- The city was known as Bengalval-Uru meaning city of guards.
- Bangalored. A term Americans use to refer to workers who are laid off because their jobs have moved to Bengaluru through outsourcing.
- Lal Bagh: the 240 acres has more than 1000 species of fora, and is home to the oldest rock formations on earth.
- Electricity, Bengaluru was one of the first cities in India to have electricity from hydropower. A hydroelectric plant situated in Shivanasamudra was activated in 1906.
- Bangalore has many industries, Peenya and Bommasandra hold the many industries in South India.
- Nandi hills are considered as one of the visiting and weekend destinations by the Bangaloreans, sunrise is one of the fascinating about Nandi hills, it is compared with heaven.
These are some of the reasons for many to choose Bangalore as their dream startup location. It has the perfect atmosphere to start a company and make it grow.
Today there are many renowned companies in Bangalore that were budding startups around 5 years ago. So, if you have a unique idea to offer and if you are thinking of having your own startup then there is no better place to consider than Bangalore.