{"id":1817,"date":"2014-12-26T12:08:17","date_gmt":"2014-12-26T04:08:17","guid":{"rendered":"http:\/\/www.www.innovationiseverywhere.com\/?p=1817"},"modified":"2014-12-26T12:08:17","modified_gmt":"2014-12-26T04:08:17","slug":"bangalore","status":"publish","type":"post","link":"https:\/\/innovationiseverywhere.com\/fr\/bangalore\/","title":{"rendered":"Bangalore startup scene"},"content":{"rendered":"

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\u00ab\u00a0Incredible India\u00a0\u00bb is actually the country with the 3rd largest number of startups in the world after the US and the UK, with some 3,100 ventures as of late 2014.<\/p>\n

Bangalore, often dubbed the Silicon Valley of India, is the technology heart of this gigantic, 1.2bn population and amazingly diverse country. The city accounts for 28% of existing startups, followed by New Delhi (24%).<\/p>\n

While attending the Nasscom Product Conclave, the largest tech event of Bangalore, we had the opportunity to see why Indian startups were so strong.<\/p>\n

There’s first an incredible growth of the middle-class. Back in 2007, some 50m Indians were considered middle-class, this figure is poised to reach almost 600m by 2025.<\/p>\n

Then, there’s the education excellence in IT, with the famous Indian Institute of Technology scattered across the country. Many of their alumni have helped American startups in the Silicon Valley to be successful, from Sun Microsystems (Vinod Khosla) yesterday, to Google (Sundar Pichai, SVP, overviews most of the company’s top products) or Microsoft (with Satya Nadella as new CEO) today.<\/p>\n

Beyond the traditional marketplaces and e-commerce boom we can see in so many other countries, India is extremely strong in the core of today’s IT, especially in Big Data.<\/p>\n

A recent report on the startup scene envisioned the creation of some 2000 new startups every year, with job creation in the industry reaching 250-300k by 2020.<\/p>\n

If all figures need to be taken with some distance, a visit in Bangalore will make you understand why you find Indians at key IT positions in tech giants, top startups and corporates today.<\/p>\n

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PROS<\/strong><\/h3>\n