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India represents 15% of Slidebean’s audience. Every day I meet more and more Founders based out of India who are creating fantastic tech companies but it was a country that I didn’t really understand. There is an image that has been painted to us in the West about India: the crowds, the traffic, and extreme poverty.
However, a question has been growing in my head. A question that I could only answer by experiencing India myself: how has this country transformed itself into a new tech hub? How are these solutions, these companies, emerging from chaos?
I spent two weeks in India visiting two growing tech hubs, Bengaluru and Chennai, where I learned about an ecosystem that is surely transforming India, neighborhood by neighborhood and city by city.
The startup ecosystem in India
India has become a startup factory. In 2021, India saw more than 2,250 new tech startup companies founded and 46 new unicorns. A good chunk of those are based out of Tier 1 cities like Bengaluru, Chennai, and Delhi. And you can see it — there are fancy coffee shops and coworking spaces that help facilitate these startups.