Best Office Locations

Pune Turning Into a Hub For Startups

18 Mar 2019 | 883 Views | 0 Comments
authorImg
Sameera Reddy
Author
Pune Turning Into a Hub For Startups

On the same track like Bangalore, Pune is also turning into a hub for startups that are really high in energy. On one hand, we see that Mumbai awaits smart BKC like projects and on another location like Connaught Place in Delhi tops the Office Space Market in India. With such a neck-to-neck competition, Pune is holding its feet straight and beating the blues of the city by offering tons of opportunities for the startups in the form of coworking spaces in Pune.

 

Proximity to the Finance Hub, Mumbai

 

For any business entity, funds act as the engine to run the remaining parts of the body. At a couple of hour drive to Mumbai, the financial hub of the country is the enabling entrepreneur to sail smoothly in the risky market. The funding activities are gaining some traction, which is increasing the number of startups in the city. Druva is one of the apt examples which has raised $25 mn in a Series C funding from existing investors Sequoia Capital, Tenaya Capital and Nexus Venture Partners.

 

Jaspreet Singh, Druva founder and CEO said: “The size of this latest funding round is a direct result of our unified strategy for solving these problems, our success to date in attracting customers ranging from UC Berkeley to Sephora and NASA, and our roadmap for expanding the inSync platform to become an essential component of the IT infrastructure.

 

Entrepreneurs as Mentors

 

Not just Pune is closer to Mumbai, it is also known for producing mostly Enterprise startups. The easy access to Mumbai gives an easy access to the advertising world. But, most of the startups that you will find in Pune will resemble Druva and Veritas. The major reason behind the presence of enterprise companies is the influence of mentors who are from the enterprise company’s background.

 

Less Marketing Focus

 

Pune is a land of geeks, unlike Bangalore; Pune entrepreneurs are more comfortable with the existing ecosystem and not will look beyond. They are not much focused in terms of marketing. Working in collaboration with Mumbai can be a win-win deal for Pune startups. However, Pune doesn’t share the same DNA with Mumbai even after being in close proximity.

 

Affordable and Compatible

 

Pune is known as a city that nurtures talent and contributes, especially in IT and education sector. Additionally, this city is an also one of the leading manufacturer hubs and known for product development. People from other cities don’t face much of a challenge while adjusting to this city as it is, comparatively, affordable and fast growing if seen in shadow of Mumbai and Bangalore.

RELATED POSTS

COWORKING SPACES

blogImg
17 Aug 2023 | 151 Views | 0 Comments

5 Affordable Coworking Spaces in Salt Lake City Kolkata for Startups

Salt Lake City is a popular office destination in Kolkata, India, known for its commercial hub and modern infrastructure. The city has a well-developed transportation system, including a metro rail...

Read More

COWORKING SPACES

blogImg
24 Jul 2023 | 151 Views | 0 Comments

9 Coworking Office Spaces in Delhi for Rent | Most Affordable for Startups

Selecting an economical office space is an important consideration for entrepreneurs, especially when managing limited resources. Remember to carefully evaluate the spe...

Read More

COWORKING SPACES

blogImg
05 Jul 2023 | 151 Views | 0 Comments

5 Budget Coworking Spaces in Thane, Mumbai

Thane in Mumbai is popular for its natural heritage and cultural vibrancy. Amidst its lush green natural surroundings lie some of the best natural places to visit in the...

Read More

COWORKING SPACES

blogImg
08 Jun 2023 | 151 Views | 0 Comments

Why Coworking Spaces Are a Perfect Fit For IT Companies

Coworking spaces are indeed a perfect fit for IT companies for several reasons. Here are some key factors that make coworking spaces an attractive option for IT companies...

Read More

COWORKING SPACES

blogImg
12 May 2023 | 151 Views | 0 Comments

5 Best Coworking Spaces in Singapore for Enterprises and Entrepreneurs

Office space in Singapore is in high demand due to the city-state's thriving economy and business-friendly environment. Singapore is a major business hub in Southeast A...

Read More