Hyderabad has emerged as a powerhouse in the Indian start-up landscape because of factors like government support, a focus on emerging technologies, foreign investment, topnotch infrastructure, sector diversification and innovation-driven organisations
MAHANKALI SRINIVAS RAO CEO, T-Hub, Hyderabad
Beyond the top five cities in Outlook Start-Up Outperformers 2023, the lure of the emerging cities is clear. Here, the competitive landscape is less saturated, allowing for easier market entry. Moreover, government initiatives and infrastructure development in emerging cities are attracting businesses.
"A thriving start-up ecosystem should focus on nurturing start-ups that can make a lasting impact on the economy, create jobs and drive innovation," says Mahankali Srinivas Rao, CEO of T-Hub, an innovation hub in Hyderabad backed by the Telangana government. "Hyderabad has emerged as a powerhouse in the Indian start-up landscape because of factors like government support, a focus on emerging technologies, foreign investment, top-notch infrastructure, sector diversification and innovation-driven organisations," he adds.
It is because of these reasons that a growing number of venture capital (VC) funds are based in the city, believes Srikanth Tanikella, managing partner of Pavestone Capital in Hyderabad. There are 10-odd such funds currently in the city, he points out. Hyderabad is fifth in funding and investment and human capital and seventh in knowledge edge. Also, it has the fifth highest number of growth stage start-ups and mentor institutions, right after Gurgaon.
Denne historien er fra November 2023-utgaven av Outlook Business.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 2023-utgaven av Outlook Business.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
The New Imperialism
The EU has approved a new environmental regulation that will impact global value chains. Small businesses will have to bear the brunt
VISION FOR THE INDIA OF 2047
In India@100, Krishnamurthy Subramanian argues that India can be a 55trn economy by 2047 if it doubles down on the economic policies implemented in the last decade to grow at 8% annually. Although middle-income trap has plagued many developing countries in the past, he is convinced that India is well-equipped to avoid obstacles in its growth odyssey
BUSINESS MINT: CELEBRATING EXCELLENCE, ONE AWARD AT A TIME
Ensuring that Firms and Entrepreneurs Receive the Recognition they Deserve since 2018
DR. PAVANI KADIYALA: DRIVING INNOVATION AND TECHNOLOGICAL ADVANCEMENT IN EMERGING INDUSTRIES
Celebrating Dr. Pavani Kadiyala's Accolades and Contributions to Emerging Technologies
INSPIRING EXCELLENCE: THE JOURNEY OF NALANDA EDUCATIONAL INSTITUTIONS:
Honoring the Vision of Sri Manthena Suryanarayana Raju Through Innovation and Holistic Development
THE RISE OF VARUN REALTORS
Leading the Charge: Varun Kaliga Named Emerging Real Estate Influencer of the Year for Innovative Impact
R.C. RATUL: BRIDGING THE WORLDS OF ENTERTAINMENT AND REAL ESTATE
The Visionary Behind the Convergence of Entertainment and Real Estate
CYBERABAD BUILDERS ASSOCIATION: LEADING THE CHARGE IN SHAPING
Recognized as the Emerging Builders Association of the Year 2024,’ CBA is setting new benchmarks in real estate and construction excellence in the heart of Hyderabad.
FROM PAPERBOY TO POWERHOUSE: THE INSPIRATIONAL JOURNEY OF VENU KALYAN
Celebrated with the Most Admired Real Estate Sales Coach of the Year 2024’ Award for Transformative Impact and Innovative Coaching
OUTLINE MEDIA: SHAPING TOMORROW'S BRANDING AND ADVERTISING TODAY
Redefining Branding and Advertising