JULY 20214Kolkata is often described as a city of culture and leisure. But entrepreneurial mindset is not something that the city is naturally associated with. While it is the third most populous metropolitan in the country, it lags behind several other metropolitan and Tier-I cities when it comes to startup friendliness. However, West Bengal and Kolkata is particular are gradually moving towards becoming a conducive environment for entrepreneurs to establish successful startups in.The prerequisite for any city to become a startup hub is the presence of a strong eco-system that includes incubators, accelerators, angel investors and venture capital funds. The guidance imparted by these stakeholders helps young startups in the initial planning and early growth stage. The city is currently home to incubators including IIM Calcutta Innovation Park, Ekta Technology Business Incubation Center, Kolkata Ventures Incubators among few others. Additionally accelerators such as Neoleap Accelerator, Startup Bengal Acceleration centers and AmplifiSaaS Accelerator have also been playing a major supporting role in helping young entrepreneurs set up shop within the City of joy. Additionally there is a healthy presence of co-working spaces and even VC firms that have strengthened the Kolkata startup ecosystem. With a strong support system in place, Kolkata is also benefiting from the economical operational and living cost that it provides to entrepreneurs and professionals alike. Be it setting up an office or picking office space in a co-working option, the cost is much lesser as compared to other metropolitan cities of India. Often criticized for its laidback attitude when it comes to professional life, Kolkata has largely been misunderstood. The city is home to a talented and proficient pool of professionals looking for the right opportunity to come their way. Helped by the economic cost of living, the city is the best bet for young techies starting out in the professional lives. The current edition of StartupCity aims to bring to the fore some upcoming startups that have developed into a workplace of choice for young professionals. Having fostered a high growth work environment, these firms are presenting great opportunities for young employees to learn the ropes and transform into proficient leaders of tomorrow. Rachita SharmaSpecial EditorEconomical Cost of Living & Solid Support System Helping Kolkata Climb the Charts of SuccessEDITOR'S NOTE Vol 7 · Issue 10 - 8 · July - 2021 Publisher Alok Chaturvedi Special Editor Rachita Sharma Editorial Team Komal Banchhor Akansha Chak Shiwani Pradhan Srabani Ganguly Sales & Marketing Shashi Ranjan Editorial Queries startupcity@siliconindia.com To subscribe Visit: www.siliconindia.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 © 2021 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 PerumalVisualiser Suanya Chakraborty GM Sales & Marketing Virupakshi Pattarsiliconindia
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