Startups are blooming everyday and it is difficult to place an exact finger on its estimate. But of the 4000 applications received recently by Nasscom from the startups for angel funding under its 10,000 startups initiative, Bangalore ranked the highest with 23pct, followed by Delhi, NCR at 20pct. In terms of monetary investment too Bangalore plays the top game at $164 million, an estimate received on the highest amount of early stage venture capital funding in 2012, followed by NCR at $106 million.

Other factors that have played a major role in encouraging startups are Bangalore’s steady real estate prices. Startups can find very affordable places in the city even in central locations such as Indiranagar and Koramangala. “You can't imagine that in a place like Mumbai," says Manish Sabharwal, founder of staffing solutions firm TeamLease.

Although startups in Bangalore are booming with talented engineers and developers, in terms of proper product marketing, sales and managing, the Startup ecosystem still has a long way to go to match the dynamic standards of Silicon Valley. Thus most of the Startup ventures are keeping a primary market foothold at the U.S. as it helps them in understanding customer behavior better while continue to acquire and nurture engineering talent at Bangalore.

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