It’s a match even DuckworthLewis can’t win. This September, when heavy rain flooded Bengaluru and the metropolis was panned for its lack of planning, Gurgaon’s stock suddenly rose in the swirl of social media chatter. A LinkedIn post enumerating the benefits of being in Gurgaon resonated with many who felt let down by the infrastructure of India’s Silicon Valley. Others sniggered. Within a few days, when the skies opened up over Gurgaon and streets became streams, the northern light of the Indian industry showed why. The airport is just half an hour away. Sure, if you can convert your car into a boat, the tweeple joked.
There are no winners in the Bengaluru vs Gurgaon debate when it comes to rain disruptions. But when you take rain out of the equation and take a look at the numbers, Bengaluru is streets ahead.
CLEAR WINNER IN NUMBERS
Data from Tracxn shows Bengaluru has added over 21,000 startups since 2012, three times as many as Gurgaon. Bengaluru firms have raised about $40 billion in funding, Gurgaon $13 billion. Gurgaon has 11 registered unicorns to Bengaluru’s 37.
Industry insiders say that for choosing a base, deficiencies in infrastructure are factors but not key differentiators. Bengaluru is the number one option for startups embracing new-age technologies such as SaaS (software-as-a-service), artificial intelligence and machine learning, data analytics and deep tech. The existence of pathways and a cluster of top engineering colleges and management institutes in the south make it more convenient for early-stage startups to zero in on developers, collaborators and interns in Bengaluru.
Bu hikaye The Times of India Mumbai dergisinin November 09, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Times of India Mumbai dergisinin November 09, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
US soccer scrubs Islamic emblem from Iran flag
The federation said in a statement Sunday that it decided to forego the official flag on social media accounts to show “support for the women in Iran fighting for basic human rights.”
Pyar Ke Saat Vachan Dharam Patnii begins on TV tonight
What happens when kismet takes over the lives of two couples belonging to two different sections of society?
Arijit serenades music lovers in Mumbai
Arijit Singh casts a spell with his voice
ARGENTINA LIVE TO FIGHT ANOTHER DAY
Messi's Strike Rattles Mexico And Lusail, Brings Team Back From The Brink
Costa Rica come alive
Los Ticos Stun Japan With Late Fuller Winner
Morocco's moment under the sun
Inspired Atlas Lions Shock Belgium For First WC Win In 24 Years
ON YOUR MARK, GET SET, SOAR
Athletics Icon Usha Set To Become First Woman President Of IOA
Industry body calls for slower rate hikes
CII Asks RBI To Moderate Pace Of Raising Repo As Global Woes May Impact Growth
Insurance reforms may see PE funding surge in sector
Irdai Raises Investment Cap, Allows PEs To Be Promoters
Cut ties with child-killing regime, Khamenei's niece tells world, held
Iranian authorities have arrested a niece of supreme leader Ayatollah Ali Khamenei after she recorded a video describing the authorities led by her uncle as a “murderous and child-killing regime”.