In earlier days leaving jobs for starting a new business was considered as a risky task. A lot has changed now and people who are good at something are willing to try their lucks by opening startups. Choosing a location for doing any new business is an important part which should not be ignored at any cost. Bangalore is by far the favourite place for opening a startup because of several reasons. In this article, we will try to put some light on why entrepreneurs love Bangalore so much.
1. Presence of IT companies
Bangalore is known as the Silicon Valley of India as it is a hub for IT companies. Due to the presence of quality IT professionals, Banglore is preferred for starting something new because IT has become a vital part of most of the businesses.
2. Presence of Investors
Banglore is a place which attracts investors and funding is one of the most important parts of any startup. Without money, any startup is just an idea. Angel investors and venture capitalists always love to put their money in interesting concepts.
3. Media exposure
All media companies know about Bangalore and they cover stories of startup frequently. Media exposure can do wonders for the promotion and business of startup.
4. Foreign companies
Most of the foreign companies have their main offices in Bangalore. Interacting with minds who work in multinational companies and knowing the working system of these companies does make a difference.
Even the common people in Bangalore are very fond of knowing and using the latest technologies. Innovation is in the blood of Bangalorians.