Sanjay Nath and Sumangal Vinjamuri
Sanjay Nath, Co-founder and Managing Partner, Blume Ventures Sumangal Vinjamuri, AVP (Investments team), Blume Ventures
Thousands of miles away, in the suburbs of Pune, another entrepreneur sketches plans for a fintech solution that could revolutionise India's banking sector. These narratives, while far apart, share a common foundation: city clusters.
The Rise of City Clusters
Every entrepreneur faces multiple challenges while starting up-from finding the right test market to ensuring seamless logistics for their business. City clusters, with better infrastructure, fast internet connectivity and an efficient transport system, mean that start-ups can operate with reduced overheads and fewer logistical challenges.
Take the Pearl River Delta in China, for instance. Once a region dotted with sleepy towns, it is now a buzzing beehive of cities like Guangzhou, Shenzhen and Hong Kong, connected by state-of-the-art highways and bullet trains.
Speaking of talent, imagine having access to some of the world's brightest minds, all in a concentrated area. Universities, engineering schools and management institutes pepper these city clusters, churning out fresh talent every year. As clusters grow, they retain talent that matures within them, enabling start-ups to hire senior professionals as well.
The Randstad region in the Netherlands is a classic example. Cities like Amsterdam, home to institutions like the University of Amsterdam and TU Delft, coupled with Rotterdam and Utrecht, provide a diverse talent pool making it a hotbed for start-ups.
この記事は Outlook Business の November 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Outlook Business の November 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
'Automation is Redefining Efficiency and Precision in Jewellery Manufacturing'
Increasing brand consciousness and awareness among consumers is helping expand the organised jewellery retail industry. MP Ahammed, chairman of Malabar Group, discusses prominent trends in the jewellery industry
BATTLE TO WIN THE AI RACE
In Supremacy, Parmy Olson tells the astonishing and behind-the-scenes story of the battle between the world’s two leading artificial intelligence firms, OpenAl and DeepMind and the continuing rivalry of its founders Sam Altman and Demis Hassabis respectively
A LEADER WHO EMPOWERS
Anshul Arzare, MD and CEO of YES SECURITIES, wants to ensure a workplace where employees not only contribute to the company's vision but also feel content
EV Unplugged
Electric vehicles are crucial to India’s climate change plan. But reliance on China for imports and technology constraints remain hurdles the sector needs to overcome
Every Lamborghini Owner is a Brand Ambassador
Regional director of Automobili Lamborghini, Francesco Scardaoni, talks to Prachi Khanna about the brand’s approach to fostering a sense of community among its vehicle owners. Edited excerpts
NO ZEST FOR ZED
A government initiative to green MSMEs is not finding enough takers
SMALL PLANTS, BIG TROUBLE
Climate-triggered stress is placing an unprecedented burden on small businesses. But a lack of access to climate aid hinders the sector's ability to adopt greener methods
'We Think About the Rider More Than Any Other Company
Rapido co-founder Aravind Sanka talks to Neeraj Thakur and Deepsekhar Choudhury about how flexibility and fair pay helped his company disrupt the Ola-Uber duopoly. Edited excerpts
LABOUR PANGS
Rising cost of living in a fast-growing economy is making workers restless
'Hustle is No Virtue'
It has become fashionable to talk about the verb “hustle” these days, especially in professional settings.
