Chennai Is the Capital of the Indian State of Tamil Nadu, located on the Coromandel Coast off the Bay of Bengal. Chennai is one of the biggest economical educational and Cultural Center in south India.
Chennai is known as the “Detroit of India” for its booming automation industry. It is based on 30% of India’s automobile industry and 40% of its auto components industry.
Chennai stands fourth on the list of Tech workers in the world after Bengaluru, Pune, and Hyderabad, next on the list is San Francisco. Success stories say up with 20+ companies with a net worth of more than $20 billion. Some of the good names are Bharatmatrimonials, Freshdesk, Index, etc.
In the last year, around 32 companies were financed by the financers interested in start-ups. This is also possible because of the availability of all the vital resources for business.
Ease of Business
Chennai is also a show stopper to some events like ‘open coffee’ meetups, start-up weekends, hackathons, and much more. Hence you will get a good environment to work here with some refreshing activities.
A partnership is an informal structure of organisation where liability of partners is unlimited unlike LLP where liability is limited. A formal structure is much preferred by VCs and enables one to improve chances to get a funding.