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:
Perhaps, this was the next extension. Bangalore is less harsh to start-ups and is a very cosmopolitan city.” Anand Inbanathan, associate
professor of sociology at the Institute for Social and Economic Change says, Bangalore has established itself as a destination of choice for employment opportunities. After a few years in the city, these professionals may have chosen to stay back longer, he adds.

So, what is it that was the real trigger for some of these individuals to set shop in Bangalore, far away from their homes. The common thread is that they, like any entrepreneur, spotted a business opportunity and liked India enough to take that risk. And, Bangalore topped the index of suitability as Laila Baker says it easily, “we took a shine to Bangalore. It is hospitable, beautiful and friendly.”

The Baker duo, which started bangalorebuddy .in, is looking at a pan-India presence and, currently, they are working on Goabuddy and beachbuddy. “Expats can get verified recommendation on restaurants, plumbing services to where to buy cheese,” says Laila Baker, adding, “Foreigners who come to India have little idea about how things work here.”

Others too found untapped niches to occupy in India. If French Jasserand saw immense business potential in starting an Italian eatery in Bangalore, Dr Thomas Binford set up Read-Ink in Bangalore, a rich source of technical manpower.
Click here to comment on this story.
Read business stories in हिंदी | ગુજરાતી
 Print   EMail   Discuss  Share  Save  Comment    Single page view Text:

Related Stories

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

Tatas spot new order to steer flagship companies
Appointments will be in line with the succession policy at the group, which has stipulated 65 years as retirement age for its top brass. India's Most Powerful CEOs

ET Debates
Loading
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