NOVEMBER 20184India's Silicon Valley has been the IT hub for decades now and the city has expanded over the years to build a conductive environment for small businesses and start-ups. As per the survey, Bangalore has extremely skilled professionals, the best financial environment to grow, innovate, start a business and experiment with new technology. Today, Bangalore ranks as the 15th-hottest startup ecosystem in the world, according to a recent report from Crunchbase and research firm Compass. The metropolis counts around 4,900 active startups, with nearly $2.3 billion in company investments last year.A wide range of startup activity is happening in Bangalore and it accounts for 41 percent of all new ventures launched in India, according to the World Startup Report. A strong community of engineers with global work experience, savvy customers and growing pools of early-stage capital, have transformed the city into a global startup hub. Industry experts opine that with the city being home to some of the country's biggest software companies, it is a ripe pool of talent for startups. The Karnataka Information and Communication Technology (ICT) Group 2020 last year had asked for a INR 1,000-crore fund to drive infrastructure development and a further INR 100 crore to be set apart for incubation of startups and new IT firms. A high density of entrepreneurs and investors is also drawing established entrepreneurs to relocate to the city.Seeing so much potential that start-ups in Bangalore hold to make it a budding ecosystem, we have featured a list of "10 Best Startups in Bangalore". The list features a handful of start-ups that are stepping up to show they have the appetite, skills and vision to take a shot at scaling their young ventures. We also recommend you to read our cover story on mSupply, founded in August 2015; it is one of India's largest B2B e-commerce companies.Do let us know your thoughts.Nandini MukherjeeManaging EditorBangalore is Igniting the Culture of EntrepreneurshipEDITOR'S NOTE Vol 4 · Issue 5 - 1 · November, 2018 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Hridkamal Roy Lakshmi G Pooja Devi Pavithra V.H Sales & Marketing Himanshu James Garima Anand Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Manjunath Satyajit SubhankarGM Sales & Marketing Amrit Singhsiliconindia
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