Hi Guest, Sign Up | Sign In


News By Company
Advanced Search  

Expats quit hefty pay packages to start up in Bangalore

28 May 2009, 1458 hrs IST, J Padmapriya, ET Bureau

 Print   EMail   Discuss  Share  Save  Comment    Single page view Text:
BANGALORE: When US-born Sean Blagsvedt packed his bags to move with Microsoft Research in Bangalore five years ago, little did he know that India
would become his second home. After a three-year stint at Microsoft creating solutions for emerging markets, Sean realised that his calling lay elsewhere.

“I liked India. But, India is a place where it is impossible to deny that some people are lucky. The inequity and unfairness bugged me,” says the 33-year-old technologist, who believes that computers have an ability to change lives. And, babajob.com, a portal for blue-collared jobs, was born when Sean Blagsvedt quit Microsoft in 2007. So far, Sean Blagsvedt’s babajob.com has facilitated 900 employments in the blue-collared job space.

Sean’s case is not a rare one. Bangalore, the tech hub of India, is full of expats with ideas and the energy to chuck a well-paying job and start a venture of their own. And a resurgent and confident India is providing them opportunities.
“India chose us. We did not choose India ,” says Chris Baker, who promoted Bangalorebuddy.com.

Historically, the city has been a favourite with multinational companies and expat professionals thanks to its salubrious weather, technology edge and perhaps its pub culture. The tech boom provided a lot of opportunities for westerners to come, stay and work in Bangalore. Many of them, it appears now, don’t want to go back.

Jean Michel Jasserand quit Leela Palace Hotel to start his own Italian bistro chain Toscano; Italian chef Paolo Nonino has started restaurants Via Milano and Colonial in the city. Dr Thomas Binford has made Bangalore his R&D base to develop handwriting recognition technologies; Laila and Chris Baker, who earlier worked in a foreign bank in India, have started a recommendation-based directory service, bangalorebuddy.in, to smoothen relocation into the city; Japanese Masamichi Kawagome, former managing director of KVH (IT solution provider to Fidelity Investments Japan), has set up Geocom Consulting in Bangalore to enable companies from his homeland to set up base in India; Footprint Ventures, an early stage fund based out of India, is started by Neill Brownstein, a co-founder of Bessemer Venture Partners.


Also Read
 → Is it worth following the leader where they move?
 → RIL, Tatas most admired cos for CSR activities: Nielsen
 → India Inc aims for 10 per cent growth for next 10 years
 → Mittal's dream of Bharti-MTN deal back on track


Footprint has investments in online digital photography firm Canvera, a bus ticketing firm Ticketvala and restaurant chain Mast Kalandar.

Some experts, ET spoke to, grant credit to the city that clearly has much more to it than the weather. Manish Sabharwal, chairman, Teamlease says, “Bangalore has always been the ideas hub of India. The labour market here has been very liquid and fungible with people moving back and forth.”

Bharti Jacob, CEO, Seed Fund says, “it is about people who worked here, loved the city and decided to make a go for it. At one point, most global professionals wanted an India stint on their CV and they would end up in Bangalore.

1|2|Next >

Click here to comment on this story.
Read business stories in हिंदी | ગુજરાતી
 Print   EMail   Discuss  Share  Save  Comment    Single page view Text:
Comments to the Editor
Be the first to write to the Editor.
Other stories in this section

More >>

Other News
Market
NSE|BSE
Graph
Corporate Announcement

Volkswagen Group appoints new MD for India
Volkswagen Group appointed Maik Stephan as Managing Director of Volkswagen Group Sales India.

ET Debates

More >>

nike shoes outlet store prada san marcos prada platform pumps captains hat near me chatgpt developer prada authentication virtul pet mike and tom eat snacks hugo boss factory outlet cardinal building materials st louis prada fuzzy bag prada dog bandana aaa discount catalina express prada bandoliera instagram followers real chatgpt vpn owens corning slatestone gray pictures prada spring 2023 pin board for wall spam followers instagram carlucci restaurant chicago prada design gray prada bag instagram 2000 followers lee underwood prada purple purse prada trifold wallet prada milano logo prada sunglasses logo factory outlet shopping online driftshake shingles fast instagram followers prada refill perfume prada in florence prada pr 57ys cherokee songs amazing grace corkboard sheets prada brown boot gucci items prada campaign cork panel gucci deutschland prada pochette bag prada earmuffs top prada prada loafers styled chatgpt app中文 prada lipstick skirt prada jibbitz prada farfetch bedding outlet near me chatgpt token 3000 followers instagram south colby post office prada blue cologne followers instagram free prada golf bag elvis and lisa marie sing in the ghetto cheap followers instagram prada computer bag define chatgpt 10 followers instagram outlet clothing stores online women gucci com versace purse outlet prada pet collar instagram mutual followers gucci.com sale prada foundation milan prada mens eyewear bulletin board black prada internship prada frisbee prada bag cleo prada supernova bag chatgpt microsoft investment instagram followers audit spiky red fruit prada slip ons instagram 5000 followers tod's outlet store prada nylon strap farfetch prada prada boston bag instagram viewer followers clothes outlets glue on beard catalina jazz festival kiran c patel prada nude bags

Shop
Travel : Flights
Delhi to Pune Re 1
Mumbai to Cochin Re 1
Chennai to Mumbai Rs 9

More >>

Mobile 58888
Movie gupshup
Send Voice greetings

More >>

ZigWheels New
Maruti Ritz | Car review | Buy Car
Powered by Indiatimes