After the financial crisis of 2008 and the Satyam computer scandal, which once created a situation of crisis in the market of Hyderabad, today it has again risen up as one of the biggest centers of business operations basically for the start-ups. Let’s see what you can get in the Hyderabad market.
Hyderabad is the bank of the ingredients which a start-up really wants and needs to. The availability of good infrastructure, talent, Govt. Sponsors such as Thumb makes it so. Also, it is the operational center for big giants like Uber, Amazon, Google, and some of the well-known educational institutes like IIT, ISB, NALSAR, and whatnot.
Hyderabad City has ranked the second best Indian city to do business by Worlds Bank Groups. It has witnessed around 8% of the overall startup activity in the country. The City and its suburbs contain the highest number of SEZs (Special economic zones) and is emerging as a breeding ground for growing enterprises.
The Institutes there provide a platform to the new Entrepreneurs to work. Also, the Hyderabad Angels Network which invests in some of the best promising businesses like Technology Business Incubator at the BITS Pilani Hyderabad Campus and Zify health tech companies focused on Human Centred Design at D-Labs ISB.
Ease of Business
IT Minister K.T Rama Rao recently commented: “We want Hyderabad to be identified with start-ups”. Hyderabad could be a coming force. Hyderabad is the bank of all the resources that are required to run a business smoothly like the professional business environment, talent, and infrastructure. All these factors make this city an easy area to work on.
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