The epicentre of Indian technology is Bengaluru. It is renowned as the Silicon Valley of India and the IT capital of India since it serves as the country’s primary information technology (IT) hub. Bangalore has a big contribution for India to be listed among the top nations for incubators and the startup ecosystem globally. The third-highest number of IT startups worldwide, according to a 2019 estimate, is located in Bangalore. Now, let’s look at Bangalore’s most well-known startups.
See also: Top exporters in Bangalore
Business landscape in Bangalore
Bangalore’s business environment is excellent for emerging IT startups. Numerous elements in the city make it a desirable location for entrepreneurs, including competent and knowledgeable IT specialists, an entrepreneurial and governmental environment, an entrepreneurial culture and a reasonable cost of living. Bangalore is also home to several incubators, accelerators, and venture capital companies that actively fund and help entrepreneurs.
Additionally, the city is home to various co-working spaces and other resources that might aid companies in their development. In Bangalore, there are more and more entrepreneurs employing cutting-edge technologies like blockchain, machine learning, and artificial intelligence to create ground-breaking goods and services.
Top IT startup companies in Bangalore
Razorpay
Industry: Financial solutions
Company type: Private
Location: SJR Cyber Laskar, Hosur Rd, Adugodi, Bengaluru- 560030
Founded in: 2013
Shashank Kumar and Harshil Mathur established the IIT Roorkee alumni-founded firm Razorpay in Bangalore. The fintech startup has revolutionised online payment by making APIs simple to integrate and use. The Bangalore-based start-up was the sole provider of integrated payments till a few years ago.
Tapchief
Industry: Information Technology
Company type: Online freelancing services
Location : Fawwaz Manor, 100 Feet Road, Indiranagar, Bengaluru-560008
Founded in: 2016
The three-year-old internet business TapChief is a newcomer to LinkedIn’s list of great startups. The digital platform, which links customers with professionals for expert guidance, made the list this year due to its strong emphasis on mentorship and career progression. The company, which has its headquarters in Bangalore, also permits you to bring your dog to work and offers unlimited vacation time.
Nineleaps
Industry: Information Technology
Company type: private location : 1st Block Koramangala, Koramangala, Bengaluru- 560034
Founded in: 2014
Nineleaps, a technological product development expert, creates high-performance solutions. As accelerators of digital transformation across industries, Nineleaps helps partner firms prepare for the future. They enjoy using cutting-edge technologies to produce fantastic products and solve complex issues. They want to establish a business that offers high-quality software that their clients can rely on.
Simpl
Industry: Information Technology
Company type: Private
Location : 12th Main Rd, HAL 2nd Stage, Indiranagar, Bengaluru-560038
Founded in: 2015
Simpl’s Pay-Later technology has transformed online checkout in India by enabling e-commerce businesses to provide customers with a line of credit at the point of sale, one-click checkout, and complete buyer protection. It wants to give retailers more control over how customers check out.
Headway a.i.
Industry: Business services general
Company type: Private
Location: 4th T Block East, Pattabhirama Nagar, Jayanagar, Bengaluru-560041
Founded in: 2017
Bangalore is the home of this startup. It is a B2B2C talent platform that integrates behavioural science and artificial intelligence with the goal of empowering individuals. Talent infusion, Activation, and Development are some of its activities. It assists users in making better hiring and learning decisions. They are the first user-centred platform that connects learning with earning.
Bigtrade Infosystems
Industry: Business services
Company type: Private
Location: Nasscom Warehouse, Domlur, Bengaluru-560008
Founded in: 2017
We can purchase thousands of things from several importers, brands, and manufacturers on this B2B trading network for wholesale firms. It offers comprehensive business solutions and offers free digital platforms as a way for people to engage with different corporate processes.
Asksid technology systems
Industry: Software development
Company type: Private
Location: Eastland Citadel, S.G. Palya, Bengaluru-560095
Founded in: 2016
It was created by former MindTree personnel and employs a canonical data model and an AL platform to handle online commerce. It is concerned in the upkeep of websites and other forms of multimedia presentations and works with fashion, e-commerce, retail technology, and virtual assistants.
Urban Company
Industry: Technology platform
Company type: Public
Location: Muneswara Nagar, Sector 6, HSR Layout, Bengaluru-560102
Founded in: 2014
Cleaning, beauty, spa, massage, plumbing, electrical, carpentry, and appliance repair are just a few of the home services offered by Urban Company (formerly known as UrbanClap). Bangalore, India is where the company’s headquarters are located; it was established in 2014. The Middle East, India, and the United States all have more than 200 cities where it is active.Due to its convenience, low cost, and dependability, Urban Company is a well-liked option for residential services. It’s simple to schedule services and check on the status of your reservation using the business’ mobile app. Cash, debit card, and credit cards are just a few of the different payment methods that Urban Company accepts.
Backbench internet services
Industry: Information technology
Company type: Private
Location: 3rd Main Rd, Hoysala Nagar, Bangalore 560016
Founded in: 2019
It offers the resources and infrastructure needed to run web applications. A larger team of users, developers, designers, and competent working experts can produce a positive user experience. Additionally, it offers cloud automation and orchestration services.
HackerEarth
Industry: Technology platform (Software)
Company type: Private
Location : 2nd Floor, SJR Primus, 20th Main Road, Koramangala Industrial Layout, Koramangala, Bengaluru-560095
Founded in: 2012
HackerEarth is the most comprehensive developer assessment software that helps companies accurately measure developers’ skills during the recruiting process. More than 1,000 companies across the globe use HackerEarth to improve the quality of their engineering hires and reduce the time recruiters spend screening candidates. Over the years, they have also built a thriving community of 4.5M + developers that come to HackerEarth to participate in hackathons and coding challenges to assess their skills and compete in the community.
CRED
Industry: Fintech (Banking)
Company type: Private
Location: Doopanahalli, Indiranagar, Bengaluru-560038
Founded in: 2018
CRED is a members-only credit card bill payment platform that rewards its members for clearing their credit card bills on time. CRED members get exclusive rewards and experiences from premier brands upon clearing their credit card bills on CRED. CRED supports credit card bill payments for American Express, Standard Chartered, Citibank, HSBC, HDFC, ICICI, SBI, AXIS, RBL, PNB, and other top Indian banks. They support VISA, MasterCard, American Express & RuPay cards.
InMobi
Industry: Technology platform (Advertising)
Company type: Private
Location: Kadubeesanahalli, Kadabeesanahalli, Bengaluru-560103
Founded in: 2007
InMobi’s Advertising Platform powers their customers’ growth by helping them engage their audiences and drive real connections. Their affiliated consumer businesses, Glance and Roposo, are redefining the way people interact with mobile and CTV surfaces by providing unique and often live entertainment and shopping opportunities.
Avekshaa Technologies
Industry: Software
Company type: Private
Location: Sector 6, HSR Layout, Bengaluru-560102
Founded in: 2011
Avekshaa Technologies is a next-generation information technology products and solutions company, providing specialised solutions in the P-A-S-S™ (Performance, Availability, Scalability and Security) Assurance space to the Enterprise customers globally. Avekshaa uses an innovative and disruptive approach to manage IT complexities, and to safeguard and maximise the return of IT investment of an organisation. Avekshaa provides products and solutions across all phases of the Application Life Cycle: development, maintenance, and production phases, and are adaptable across all delivery models (e.g.Agile, DevOps, etc.)
Yulu
Industry: Technology platform (Transportation)
Company type: Private
Location: Bellandur Amanikere, Bengaluru-560103
Founded in: 2017
Yulu is a technology-driven mobility platform that enables Integrated Urban Mobility across public and private modes of transport. Using Micro Mobility Vehicles (MMVs) through a user-friendly mobile app, Yulu enables first and last-mile connectivity that is seamless, shared and sustainable. Yulu’s mission is to make urban mobility in India seamless, shareable and sustainable.
Commercial real estate demand in Bangalore
Office Space: Significant office spaces are necessary since IT companies frequently employ significant numbers of people. These buildings must have enough space inside to fit many personnel comfortably. Collaboration and flexibility are encouraged by the widespread use of open floor plans and modular workstations.
Rental space : IT companies in Bangalore need warehouses and other commercial facilities. IT firms must store a lot of data and, therefore, require dependable and safe spaces to house their data centres. Storage of servers and other networking hardware.IT firms must keep their servers and other networking hardware in safe, climate-controlled locations. Stock maintenance, order fulfilment, and customer service IT businesses require warehouses and other commercial facilities in handy locations in addition to these unique requirements.
Impact of IT startup companies in Bangalore
Bangalore’s IT startup businesses have made numerous contributions to the city’s economic development. They have brought in investment, produced income, and produced jobs. In Bangalore, the IT industry contributed over 40% of the city’s GDP in 2021. Bangalore has become a global centre for creativity and technology, thanks partly to IT startup enterprises.
FAQs
What are the key advantages of starting an IT company in Bangalore?
Bangalore offers a thriving ecosystem with access to a skilled tech workforce, numerous tech parks, venture capital firms, and a supportive startup community.
How can I register my IT startup in Bangalore?
You can register your startup with the appropriate government authorities, such as the Registrar of Companies (ROC). Legal and financial consultants can help you navigate the registration process.
Where can I find co-working spaces or incubators for my IT startup in Bangalore?
Bangalore has numerous co-working spaces and startup incubators like WeWork, 91springboard and TechHub, which offer flexible office solutions and networking opportunities.
How can I access funding and investment opportunities for my IT startup?
Bangalore has a vibrant venture capital ecosystem. Consider attending startup events, pitch sessions, and networking events to connect with potential investors. You can also explore government-backed schemes and grants.
Are there specific incentives or programs for IT startups in Bangalore?
Yes, Karnataka's government offers various incentives and programs for startups, including tax benefits, subsidies, and access to infrastructure. Check with the Karnataka Startup Cell for details.
What are the best networking events and tech meetups for IT startups in Bangalore?
How can I recruit skilled tech talent for my startup in Bangalore?
You can use job portals and recruitment agencies and participate in career fairs and hackathons conducted by local universities and tech institutions.
What is the process for obtaining the necessary licences and permits for my IT startup?
You'll need to identify the licences and permits required for your business type and then follow the application process with the relevant government authorities.
Are there any local resources or organisations that offer mentorship for IT startups?
Organisations like TiE Bangalore, NASSCOM, and industry-specific associations often provide startup mentorship programs. Consider joining these networks.
How can I stay updated on the latest trends and developments in the IT startup scene in Bangalore?
To stay informed, follow tech news websites, attend industry conferences and seminars, and join online forums and communities related to startups and technology in Bangalore.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected] |
Priya Banerjee, a writer with a keen eye on the property market, she deciphers the ever-changing trends in residential real estate. Priya excels at simplifying complex real estate terms, making them easy for everyone to understand. Her well-researched advice helps buyers and investors understand complex topics.
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