Start-up eco-system in Chandigarh
Chandigarh - ‘The City
Beautiful’, is an appropriate mix of entrepreneurial spirit (many big business
houses are here) and government employees (being the two-state capital).
Chandigarh is first planned
Indian city, wide roads, efficient administration and good infrastructure and
well educated and well-off residents. It is 2nd highest per capita
income city in India. It boasts of educational hub with fine mix of engineering,
architecture, medical, management and arts colleges and universities. It also
has higher education institute like reputed Indian School of Business.
Chandigarh boasts of an emerging
IT Park and along with its sister cities – Mohali and Panchkula (together known
as Tricity) – is home to some major multinational corporations like Quark,
Infosys, Dell, IBM, and TechMahindra.
Chandigarh is in close proximity
to Haryana, Punjab and Himachal Pradesh and attracts a lot of talent from these
states. The availability of a large number of motivated and talented people
ready to take up new roles and responsibilities is one of the biggest
advantages that the city provides.
Morpheus is the India’s first
private sector incubator and is from this city. It has 80 odd startups including
CommonFloor, Practo, and Akosha. ‘The Hatch’ (now defunct) founded by Puneet
Vatsayan was another incubator that grew out of Chandigarh. In-fact Flipkart
founders Bansals belong to this city.
Some of the prominent names in
the start-up from Chandigarh are
- uTrade Solutions
- a financial trading technology startup
- Jugnoo
- auto rental and food delivery startup
- Exito
Gourmet – Food Delivery
- Bulbul –
Beauty service on demand
- Bistro
Offers – Restaurant offers on mobile
- Soulbowl
– Groceries delivery (like BigBasket.com)
- DSDInfoSec - Network Security
- MobiProbe - Efficient App Diagnostics
- INOEVE - Internet of Everything
- Naukri Se Pareshan - Exciting opportunities beyond
office life
- Olai - A flexible static pages engine
plus more
than 100 more start-ups
Advantage
Chandigarh
- · High availability of youngsters (due to large number of educational institutes)
- · Some of the big corporates in IT
- · Better living standard than tier 1 cities
- · Low attrition
- · Entrepreneurial spirit due to presence of historical business community in Punjab and Haryana
- · Efficient administration with great infrastructure
