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2014-07-10

Bangalore, the tech gateway of India, opens its doors for TechHub

TechHub, the community and workspace for tech entrepreneurs, announced partnering with the UK India Business Council to establish TechHub in Bangalore with a mission to grow 1000 Bangalore start-ups in the next 3 years.

TechHub, the community and workspace for tech entrepreneurs, announced partnering with the UK India Business Council to establish TechHub in Bangalore with a mission to grow 1000 Bangalore start-ups in the next 3 years. It will breed a unique environment for technology start-ups through an international network of like-minded and focused tech entrepreneurs, for stimulating an exchange of ideas and forging collaborations.

 

A visit to TechHub London in 2013 by former Infosys CFO, Mohandas Pai, inspired one of the largest start-up communities in the world to launch in Bangalore. Mohandas Pai said, “Having TechHub in Bangalore would bring greater excitement to a very charged start-up ecosystem and create a seamless flow of start-ups between London and Bangalore.”

 

Entrepreneur Stewart Noakes, had recently sold his successful software testing start-up and was looking for a way to give back and help Bangalore entrepreneurs build start-ups for the Indian market. When TechHub London approached him, it seemed to be the perfect platform.

 

Noakes saw real potential in linking the Indian and European start-up ecosystems. After talking to business leaders in Bangalore, the feeling was that TechHub’s “opt in” approach where members have access to networking and education, alongside collaborative spaces full of entrepreneurs, without having to give up equity, would be a unique offering in the city. TechHub aims to become the go-to platform for entrepreneurs and the place for investors, corporates and media to find and engage start-ups.

 

Stewart Noakes, Co-Founder, TechHub Bangalore reveals, "TechHub’s community-led approach will bring a new catalyst to start-ups in the city. Our programme, events and spaces will be effective tools while our international network will help Bangalore start-ups go global. It is great to have been able to bring something so special to Bangalore as part of expressing our gratitude to this wonderful city."

 

Replicating its successful model, TechHub will form a group of industry leaders as mentors and partners to actively engage with its community.

 

Elizabeth Varley, CEO and Co-Founder, TechHub Global said, "Our vision is to be the go-to community for every tech entrepreneur around the world and we are thrilled to be launching in Bangalore, a city with great universities and talent and the home of start-ups in India."

 

TechHub prides itself on its open collaborative approach meaning it will work with existing players such as accelerators and business initiatives to help the ecosystem grow. The first TechHub in Bangalore will be based in Koramangala within the new UK India Business Council Centre.

 

Richard Heald, CEO, UKIBC said, "The UK India Business Council recognises that the startup ecosystem is critically important for the future of both the UK and Indian economies, and connecting British and Indian technology start-ups will create a powerful force - driving collaborative innovation between our two countries. Our own collaboration with TechHub is very important in this context, and supports by extending significantly the access and assets that these companies can reach through the global network that TechHub has built."

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