Pune is the city on the high rise in the business sector with the entrepreneurial power. This is all because of the new launches, early-stage investing, acquisitions, mentoring and more. Let’s see how Pune has the good thing in the business sector.
Alacrity, a funding agency in Pune head says, “We choose Pune because we believe that Pune has the raw talent of Entrepreneurship and bulk of start-ups to work on”. This city has got some quality mentoring and business skills to help your business.
Pune is the eighth largest metropolitan economy and has the sixth-highest per capita income in the country. Pune has growth power is some sectors like education, manufacturing, and information technology sectors. For Example- Dhruva, a B to B storage startup, started with three employees and has now grown to about 500.
The city has got its first funding house namely, Alacrity. This Canadian funding house headed by an Indian has allocated $10 million in Pune. Pune start-ups have seen big traction in the funding space. Started by Abhijit Gupta, Praxify was bought over by Athena health for USD 65 million.
Ease of Business
Pune is the eighth largest metropolitan economy and has the sixed highest per capita income in the country. A great ease factor of doing business in Pune is the educational institutes in the cities which also provide space for the startups to work upon their ideas and launch their business.
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.