When was the last time you heard about a new startup that has come up with something really innovative? Even after years of research and development, there is no guarantee that a startup will succeed. In fact, many startups fail to carve a niche for themselves in the market.
But what if we told you that there are more than 10,000 startups in India right now? Most of them are not as successful as their counterparts in the West but they do have one thing in common: they all have strong mentors and backers.
Here’s another piece of good news: the tech industry in India has never been better. There are more exciting opportunities to be had than ever before thanks to Technopark Hyderabad and other similar initiatives.
If you’re reading this, you’ve probably heard of the Indian city of Bengaluru. It is one of the fastest growing cities in the country and has a lot going for it. In addition to being an educational hub with several top-notch institutions, it also has a thriving tech ecosystem that offers plenty of opportunities to budding entrepreneurs and investors alike.
This article will take you through 10 promising tech companies operating out of Bengaluru, who you should keep an eye on.
1. Flipkart
In Bengaluru, you can find the headquarters of one of India’s most successful internet companies. Flipkart’s story is an inspiring one. Started out of an apartment in 2007, it was funded by a group of three MBA dropouts that had grown tired of conventional job prospects.
Today, it is one of the largest online retailers in the country. Flipkart also has a large investment and partnership portfolio that includes eBay, eBay Plus, Dominos, and Myntra.
2. Inmobi
Inmobi is a mobile advertising and marketing company that, with the help of AI, can help you increase sales and user engagement. It focuses on providing tools for both the publisher and advertiser sides of the ecosystem. This helps increase revenues and improve user engagement.
The company has raised close to $15 million in funding, which includes a recent round from investors like inflobank, Liberty Ventures, and InMobi Partners.
3. Paytm
Paytm is a payment service provider that has gained popularity as a digital wallet. It was founded in 2010 by Vijay Shekhar Sharma and is one of the most valued digital payment companies in the country. Its digital wallet allows users to store and transfer money with ease.
The company has operations in Singapore and continues to expand to new markets. It has also launched a number of digital products, like movie tickets, food, airline tickets, and hotel rooms, and is expanding into financial services.
4. Amazon India Initiatives Pvt. Ltd. (Amazon)
This initiative has been expanding aggressively in India. In 2016, it launched its Amazon Seller Services and has since opened more than 200 dedicated fulfilment centres across the country.
It also launched a shopping app and is expanding its range of products. In 2017, it partnered with Google to bring Indian products on its online shopping platform.
The company is also making inroads into other sectors like health care and food delivery. Amazon also has a large data centre in Hyderabad, where it operates AI and data centres.
5. Naukri.com
Naukri.com is a major player in the job market. Founded in the late nineties, it went public in 2006 and is now traded on the National Stock Exchange of India. It provides job listings for both employees and employers.
It also provides an online application platform for companies looking for talents. The company has operations in seven cities, including Bengaluru, as well as in South Africa, Singapore, and the Middle East.
6. Zomato India Pvt. Ltd.
If you’re in need of a restaurant recommendation, you can visit Zomato’s website, upload your location and preferences, and it will recommend a meal.
The recommended options are powered by AI and are based on the preferences of the person you’re recommending it to. It was launched in 2009 and is today one of India’s leading restaurant discovery platforms.
With offices in Bengaluru, Mumbai, and Gurgaon, it has also made an entry into the grocery delivery market with its Zomato Grocery.
7. Tiny Steps Academy
Tiny Steps Academy offers an innovative approach to education. Its goal is to revolutionize the way kids learn by bringing together an immersive learning environment and effective teacher-student interaction.
Its approach is based on proven methods of learning and is based on research conducted at the University of California, Berkeley. The company was launched in 2017 and is currently operational in Bengaluru.
8. AddMate School For Special Children
AddMate is a special-education school that offers children with special needs a more structured way of learning Founded in 2017 by Dr. Shashidhar Muppalla.
It offers flexible learning programs for children with special needs, including children with learning disabilities, autism, and attention deficit hyperactivity disorder. It currently has branches in Bengaluru and Mumbai, and is looking to expand to other cities.
9. Broadview India Ltd.
Broadview is a real-estate investment and development company started in Bengaluru in 1998. It has operations in Delhi, Bengaluru, and Mumbai and has built a portfolio of commercial properties worth $2.5 billion across multiple business verticals.
It has recently launched an investment platform, Broadview Capital Partners, to enable investors to take advantage of the real-estate market.
10. Zebi Inc.
Zebi Inc. uses AI to detect and classify content for a wide range of use cases. Founded in 2016, the Bengaluru-based company uses AI to detect and classify content for a wide range of use cases.
The company offers a Cloud-based solution for businesses and individuals. Zebi Inc.’s key strength lies in its ability to detect and classify content for a wide range of use cases.
The company offers a Cloud-based solution for businesses and individuals. Zebi Inc.’s current focus is on the retail sector. It offers a solution that reduces the time it takes to analyze and categorize product images while also reducing the false detection rate.
Bottom Line
The best way to find out about the thriving tech ecosystem in Bengaluru is to attend tech events, speak to entrepreneurs, and attend meetups that are focused on tech topics.
The key is to practice your networking skills and make connections with people who can help you learn about the promising tech companies operating out of Bengaluru.
