Attributed to Ms. Jesintha Louis, Director, Cloud Solutions, G7CR Technologies India Pvt Ltd.
G7 CR Technologies, a niche technology service provider currently providing disruptive technology solutions for over 900+ business across India and MEA region. The company adopted Cloud earlier on and today is a leading Cloud partner for various businesses. The Company has special focus on SMEs, SMBs and Startups, it has in the past launched program like BEAP that provide technology funding mechanism for development & automation of business processes.
G7 CR has two programs that are exclusive for SMEs, SMBs and Startups.
Cloud Adoption Funding
One of them is CAF,Cloud adoption funding, the program provides funding against Cloud spend for qualifying Startups who are in growth phase. For Growing tech enabled Startup, Cloud spend is generally one the of top 3 spends and CAF allows them to reinvest the Cloud spend on business growth while the Cloud is funded by G7 CR. The maximum funding available is up to $5 million, interested startups can apply for program at G7Cr.in ( g7cr.in > G7CR CAF > Apply Now). Currently the funding is available only to Startups who are running on Microsoft Azure. The company may open up funding options for other Hyperscaler in the future.
Qualifying criteria for CAF program
a) The business should be less than 10 years old b) Cloud spend must account for one of the top 5 expense or the minimum Cloud consumption must be $15,000/- per month.
Technology Services Investment
The second program is Technology Services investment. Finding & retaining technical talent is most common challenge and the economics of it does not work out if SMEs, SMBs and Startups try to do it in on their own. Given we live in a competitive world, competing on price & also providing great customer experience requires a lot of invest and the per transaction cost automatically increase if you try to focus on the experience. This is a challenge faced by SMEs, SMBs & Startups in the initial stage and they often end up losing the order because of the cost or will have to compromise on quality of service. With the Technology Services investment from G7 CR, SMEs, SMBs & Startups can bank on the migration, modernization & support expertise of G7 CR and the Company will fund the services and offer it to the Startups at no cost along with other benefits on the Sales & Business-like Sponsoring events, marketing campaigns to promote the products and services offered by the SMEs, SMBs & Startups or helping them achieve industry standard certification like ISO & PCI DSS. The company has already invested over $1 million in the last quarter in 100+ Startups and looks forward to double the investments based on the overwhelming response. The Company is also building strategic alliances with other OEMs to bring more volumetric benefits for the Startups under the program.
Conclusion
“We intend to take the growth journey with Startups, SMEs & SMBs from Start to Scale and our two-investment model are built with the same focus and intent. CAF to support Growth Startups and Technology Investments for Startups in Series A level of funding. But of course the technology funding is open to any Startup, SME or SMB and does not require them to be funded. We will continue to build new partnership and alliances to bring in the power of volumetric benefits for the Startups, SMEs & SMBs who are a part of the program. Collaboration & Trust is the new currency for business and continuing build it will be our aim for the new year 2022.”
Paris is famous for being one of the most popular fashion cities. It is often regarded as the fashion capital of the world. The moment we hear about Paris, the first things that come to mind are Eiffel Tower and Persian fashion. But this beautiful city has much more to offer.
Paris is home to many flourishing startups. It has the most innovative ideas, creative people, and technology. The tech sector in Paris is super dynamic and has a great spot in Europe’s entire tech ecosystem.
Among Europe’s best startup hubs, Paris stands among the top three cities. Be it advertising, financial, logistics, food, Paris has now a variety of startups.
In the earlier times, it was quite difficult to set up a business in Paris. But the times have changed now. Today great attention is being paid towards building an advanced technology startup hub.
The development of a great tech sector needs three things. These are great-minded specialists, investment, and a growth-supporting ecosystem. The city of Paris has shown great progress in all these over the years.
The educational system of Paris is one of the most demanding. It offers many entrepreneurial programs. The environment of the city is more progress-oriented than ever before.
More and more startups are now establishing in Paris due to favourable conditions. This has made a great contribution to the economy of France. Thus, over the year, Paris had made great progress in many fields apart from being known as a fashion capital.
Paris Startup Ecosystem
Top 10 Startups in Paris
Paris is now a budding home for many startups. Not only the natives but the people from outside are also interested in establishing startups here. The following are some of the top startups in Paris:
PayFit
Founder: Florian Fournier, Firmin Zocchetto and Ghislain de Fontenay Founded: 2016
PayFit – Top Startups in Paris
It is one of the most popular startups in Paris, launched in 2016. Florian Fournier, Firmin Zocchetto and Ghislain de Fontenay are the founders. It is a cloud-based software for the management of payrolls. This makes the process easy and efficient and thus, increases the productivity of human resource managers.
PayFit is not based on a fancy concept. But it is a great deal as it helps with the efficiency of the work ecosystem. The startups deal with all the activities of HR. It has its customers in France, UK, Germany, and Spain.
Alan
Founder: Charles Gorintin and Jean Charles Samuelian Founded: 2016
Alan – Top Startups in Paris
It is a digital health insurance startup, founded in the year 2016. Charles Gorintin and Jean Charles Samuelian are the founders. This Persian startup focuses on user experience by providing great quality health plans at reasonable prices.
After 1986, this is the first independent company to get its insurance licensed by the French Prudential Supervisory Authority in France.
Alan has made healthcare in France better and more resourceful. It has even got the status of a unicorn startup.
Founder: Aziza Chaouachi, Yassine Ben Romdhane and Mario Moinet Founded: 2017
Leavy – Top Startups in Paris
Leavy is a startup established in Paris in the year 2017. Aziza Chaouachi, Yassine Ben Romdhane and Mario Moinet are the founders. It is a travelling community and marketplace. It aims to make travelling easy and affordable.
With this app, people can rent their spaces while they are travelling. In this way, they can earn money while being away from home. This Persian startup has made great progress and is an attractive catch for millennials.
Heetch
Founder: Jacob Mathieu and Teddy Pellerin Founded: 2013
Heetch – Top Startups in Paris
Heetch is a ride-sharing company based in Paris, founded in the year 2013. Jacob Mathieu and Teddy Pellerin are the founders of the startup. The main target is the late-night transportation seekers. It is like an alternative to regular taxis.
The drivers of Heetch are available 24/7. So, when public transport lets you down in the middle of the night, Heetch is there to help. One can know about the price before taking the ride and can select the payment method of their choice. With great progress over the years, the company has expanded its services to Belgium, Italy, and more.
Memo Bank
Founder: Michel Galibert and Jean-Daniel Guyot Founded: 2017
Memo Bank – Top Startups in Paris
Memo Bank is a French fintech startup founded in the year 2017. Michel Galibert and Jean-Daniel Guyot are the founders. It is an independent bank for medium and small-sized companies.
This startup helps businesses with banking services and managing their financial flows. This aims to support the growing businesses with their finances in the best possible way. Memo Bank is one of the most popular fintech startups in France.
Kard
Founder: Amine Bounjou and Scott Gordon Founded: 2018
Kard – Top Startups in Paris
Kard is another Persian banking startup, founded in 2018. Amine Bounjou and Scott Gordon are their founders. This startup focuses on teenagers. They believe that most teenagers deal in card payments and for that, they have to borrow their parent’s cards. So, Kard enables teenagers to have their debit cards and enjoy banking services.
Kard enables teenagers to have their bank accounts. Parents can add money for children and let them spend accordingly. This empowers the youngsters with banking experience according to their needs and gives them control over it.
Yubo
Founder: Sacha Lazimi, Jeremie Aouate, and Arthur Patora Founded: 2016
Yubo – Top Startups in Paris
Yubo is a social networking app based in Paris, founded in 2016. Sacha Lazimi, Jeremie Aouate, and Arthur Patora are the founders. The app focuses on youngsters aged between 13 to 17. This enables them to make new friends and create a healthy community.
It allows the users to chat, play games, and also live stream with up to ten friends. The app enables users to make friends all around the world.
ManoMano
Founder: Christian Raisson and Philippe de Chanville Founded: 2012
ManoMano – Top Startups in Paris
ManoMano is a startup founded in 2012 in Paris, France. Christian Raisson and Philippe de Chanville are the founders of the startup. It is an online platform for home, gardening, and DIY products.
It might sound small but the company has made great progress and earned huge profits over the years.
Meero
Founder: Thomas Rebaud Founded: 2016
Meero – Top Startups in Paris
Meero is a Paris-based startup founded in 2016. Thomas Rebaud is the founder of the platform. It provides photography services using algorithms of Artificial Intelligence and Machine Learning.
Meero helps photographers to follow their passion and establish their profession. It provides a platform for photographers to get clients. In this way, the photographers get work and clients get their work done in an easy manner.
Ledger
Founder: Eric Larchevêque, Joel Pobeda, Nicolas Bacca, Thomas France Founded: 2014
Ledger – Top Startups in Paris
Ledger is a provider of security solutions for digital wealth. The company was launched in the year in 2014 by Eric Larchevêque, Joel Pobeda, Nicolas Bacca, and Thomas France. The company provides infrastructure and security to the consumers and investors of digital assets.
With the rise in the concept of cryptocurrency and other digital assets, Ledger has become super popular.
Conclusion
The above-mentioned startups show the growth of the startup industry in Paris, France. Paris has great advantages in its pockets. These are exquisite food and wine, great history, beautiful views, exclusive fashion, and more.
Now, Paris is not only known as a fashion capital but also a great hub for technology. It has startups for banking, HR, social networking, finances, healthcare, and more. Thus, Paris has flourished well in technology and has more to offer in the future.
Dubai is the wealthiest of seven emirates that form the United Arab Emirates. It is the land of the rich, luxurious restaurants, ports, and beaches. By these beaches, skyscrapers stand tall where businesses are conducted. Huge affluence creates a big market for startups to spread their wings. From deluxe shopping apps to brilliant waste management systems, startups have been taking this city to new heights.
Below are the top 20 emerging startups in Dubai that have acquired a significant space in the Dubai startup environment in a few years:
The Luxury Closet brings you all luxurious brands at your fingertips. It includes brands like Burberry, Louis Vuitton, Celine, Tiffany & co., and Cartier. It is one of the top startups in Dubai that offers a one-stop-shop for all things fancy for both men and women. The company also offers home décor and kitchen essentials from high-end brands.
2. Souqalmal
Founder: Ambareen Musa
Founding year: 2012
Souqalmal Homepage
Souqalmal is a comparison website startup in Dubai that lets you compare insurance and financial products before you make the final decision. It aims to help customers save money by choosing wisely and not giving in to the first deal they see. They provide car insurance, banking, and financial solutions that lead to saving money.
3. Seez
Founder: Andrew Kabrit
Founding year: 2015
Seez Homepage
Seez is an auto marketplace startup in Dubai. Users can choose from a wide variety of used or new cars. It allows users to buy or lease cars by comparing prices. The Car Valuation feature provides the latest market prices, options for negotiation, and depreciation of any car.
4. Bekia
Founder: Alaa Kamal, Mohamed Zohdy
Founding year: 2017
Bekia Homepage
Bekia is a brilliant Egpyt-based waste management startup. It lets users exchange waste materials such as plastics, paper, electronics or even cooking oil with points. These points can be used to buy groceries, metro tickets, mobile credits, or school supplies. This concept promotes people to voluntarily dispose of waste sustainably. Bekia is counted among the top startups in Dubai.
5. Arabia Starzplay
Founder: Maaz Sheikh
Founding year: 2015
Starzplay Homepage
Starzplay is just like Netflix but for Dubai. It streams movies and shows in Arabic as well as other languages. Animes and Hollywood movies are also available.
6. Noon
Founder: Mohamed Alabbar
Founding year: 2016
Noon Homepage
Noon is another online shopping platform that delivers in UAE, Egypt, and KSA. It is a generic e-commerce site that delivers all kinds of products from clothes to electronics to skincare. Even groceries are available on this platform with affordable deals.
7. Avidbeam
Founder: Dr Hani El Gebaly
Founding year: 2014
AvidBeam Homepage
Avidbeam is a Dubai based startup that offers advanced solutions for Smart Spaces, Smart buildings, and cities. Their main aim is to build an affordable video analytics platform that enhances business performance. They offer Artificial Intelligence and Computer Vision to scale the growth of businesses. They also address public security and safety among other services.
8. Ziwo
Founder: Eric Ouisse, Renaud de Gonfreville
Founding year: 2010
Ziwo bridges the gap between customers and clients by providing call centre services. They connect customers with companies and solve their problems in real-time. Customers can clear all their doubts via a hotline that links them to company executives and solve all their queries right on the call.
9. Almentor
Founder: Husni Khuffash, Ibrahim Kamel, Hesham Heikal, Abdelrahman Fahmy
Founding year: 2016
Almentor provides courses that are required presently in the market. These courses include Stress Management, English Pronunciation, Radio Presenting and HR Analysis. They have mentors and teachers that help users develop in-demand skills for jobs and personal growth. These self-development courses make users ready to face the challenges of today’s world.
10. Unifonic
Founder: Hassan Hamdan, Ahmed Hamdan
Founding year: 2006
AvidBeam Homepage
Unifonic is one of the top startups in Dubai that offers SMS, voice, and messaging apps to enhance customers’ experience. They work on converting text to speech, send notifications with text to speech, and chatbox. Their SMS services can be used for Automatic Notification, Authentication and Marketing.
11. Beehive
Founder: Craig Moore
Founding year: 2017
Beehive Homepage
Beehive connects businesses to lenders who are willing to lend against their invoices. They are leading fintech pioneers who use innovative technology that leads to affordable finance. They work through a sophisticated process where approved businesses are listed in the marketplace and investors fund them on the platform.
12. Renty
Founder: Yevhen Parokhod
Founding year: 2018
Renty Homepage
Renty is a basic car renting platform that rents luxurious cars too. They also provide Chauffeur services that appeal to the top rich businessmen. Some of their rentals include high-end names such as Bentley Continental GT, Lamborghini Evo- SPYDER, Porsche Taycan Turbo, and Rolls Royce Wraith.
Sprii is an online marketplace for all kinds of pregnancy and baby products. They aim to connect expectant mothers to their favourite global brands. Sprii has clothes for moms and kids, baby essentials, and kits for prenatal yoga. During the Covid-19 Sprii was shut down.
14. YallaParking
Founder: Craig MacDonald
Founding year: 2016
YallaParking Website
Anybody who lives in a big city knows that parking can be a huge hassle. That’s why YallaParking provides a platform where you can look for a parking spot, book it and park your car. This realizes the true spirit of startups which is simplifying day-to-day tasks through advanced technology.
15. Nabbesh
Founder: Rima El Sheikh, Loulou Khazen
Founding year: 2012
Nabbesh provides job opportunities through its online platform. It connects job seekers with employers, who can hire them. They employ many fields such as tech, finance, education, and other art fields where talented people can get a job and earn for themselves.
16. Matic Services
Founder: Mohamed Semad
Founding year: 2015
Matic Homepage
Matic Services is making household chores easy for everyone. They bring together several house helpers who can work at the customer’s convenience to keep your home clean. These are trained and certified cleaners whom people can trust. Users can also choose their preferred cleaner by pre-booking as per their schedule.
17. Pi Slice
Founder: Genny Ghanimeh
Founding year: 2012
Pi Slice Homepage
Pi Slice is a Dubai based startup with a great initiative to provide small funds to those who need it. Everybody does not require big investments and many businesses are small scales. Pi Slice connects these small businesses with people in the Middle East and North America who want to invest in them. This works well both ways as the young businesses get their money and investors get opportunities.
Jamalon is the Middle East’s largest online bookstore that offers a variety of books in one place. They have books in Arabic as well as the English language. These books include architecture, graphic novels, and comics, computers, self-help, and design.
19. Careem
Founders: Mudassir Sheikha, Abdulla Elyas, Wael Nafee, Magnus Olsson
Founding year: 2016
Careem Homepage
Careem allows users to enjoy multiple services in one place. They provide a taxi service and you can book a car for your personal use too. It offers food delivery services and prides on hassle-free payments that can be made through Careem payment mode. It has spread its wings in more than 100 cities in 13 countries from Morocco to Pakistan.
20. The List
Founder: Andreas Skorski
Founding year: 2016
The List Homepage
The list is another luxuries marketplace that signifies the posh lifestyle of people in Dubai. It provides fancy brands like Burberry, Gucci, Valentino and Chanel. It is your basic online clothes and accessories shopping platform but the twist is it’s not basic at all. With its collection of top-class brands, it is one of the leading startups in Dubai and a heaven for the rich to splurge.
Conclusion
These startups symbolize the lifestyle in Dubai. People are open to advanced tech making changes in traditional practices. These startups in Dubai are doing great for themselves while contributing to the boosting economy. As young businesses are the backbone of an economy, Dubai is bound to flourish.
FAQ
Is Dubai good for startups?
UAE is ranked 11th in ease of doing business and 25th in starting a business on World Bank’s 2019 ease of doing business report.
What are some of the top startups in Dubai?
The Luxury Closet, Souqalmal, and Seez are some of the top Startups in Dubai.
Is Dubai a good place for entrepreneurs?
Dubai is ranked among the world’s best cities for entrepreneurs moving abroad to start a business, more specifically in import/export sector.
The role of startup accelerators is increasing in startup communities throughout the world. A startup accelerator is also known as a seed accelerator. It is a business program that supports startup companiesthroughfinancing, mentorship and education. The accelerators have the potential to improve the outcomes of startups and to spill these benefits into the wider startup community. You must be wondering like What is an accelerator? How do startup accelerators work? How do startup accelerators make money? etc. Don’t worry, we are going to answer all these questions in this article.
Y Combinator was the first independent startup accelerator that was started in Cambridge in 2005. Later, Paul Graham moved this into Silicon Valley. After its success, startup accelerator programs started to grow swiftly across Europe and the United States. It includes Seedcamp (2007), Techstars (2006), Startupbootcamp (2010), Tech Wildcatters (2011), and Boomtown Boulder (2014).
The popularity of startup accelerator programs increased in the US and Europe. Seedcamp, Startup Bootcamp, and Startup Wise Guys are the top-rated accelerator programs in Europe. In April 2012, Forbes presented an analysis of startup accelerators. According to that, there was a significant growth of corporate accelerator programs since 2010. Around one-third of startups received accelerator funding models through the accelerator program by 2015. Some large corporations have created their own accelerator programs. They focus on specific categories, but it follows similar principles.
With the emergence of the COVID-19 pandemic, many accelerators such as Y Combinator, SOSV’s family of accelerators and BEAMSTART have shifted their approaches by running most of the programs and Demo Days online.
Startups need to submit an application to join an accelerator. Once the application is approved, the accelerator will give services and resources such as advising hours, shared coworking space, guest speakers, and a negotiated amount of capital. The average term period of a startup accelerator model is 3-4months. Also, the ownership of the startup should be around 3-8%. The help of an accelerator ends with a demo day or graduation after startups present their work and move forward independently.
Startup Accelerator Business Model
Biotech, tech hardware, and AI are the popular sectors of the startup accelerator business model. Also, so many brands have got support from accelerators. Play Tech Center and the Silicon Valley accelerator Plug have assisted PayPal, Google, and Zoosk to convert their ideas into businesses. Y Combinator is another popular accelerator. They released Dropbox, Airbnb, and Reddit. A startup accelerator named Techstars has sponsored more than 21 startups.
Characteristics of An Accelerator Program
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs that include mentorship and educational components and culminate in a public pitch event or demo day. These are the 4 factors that make accelerators unique from other startup institutions such as incubators, seed-stage venture capitalists and angel investors.Accelerators can give useful resources to organizationsat all stages of development. But most accelerator programs are focusing on pre-revenue. To qualify as an accelerator requires a number of characteristics. The characteristics of a startup accelerator are given below.
1. It is a fixed-term business program with a start and an end.
2. It is a cohort of startups.
3. It includes a group of advisors to support the startup.
4. It is an educational program for the transferring of acquired knowledge.
5. It is a selection process, so the cohort of startups is considered the best.
Accelerators provide two types of knowledge where mentors pass the tacit knowledge from what they have learned over the years and the acquired knowledge is transferred through training sessions, workshops, and other structured education. Startup accelerators offer acquired and tacit knowledge through the combination of structured education and mentors. It has efficiency for the transferring of the value it creates by forming a group of startups.
The accelerator chooses the best startups from a large number of applicantsand brings those startups together in such a way that corporations, investors, and others can meet them. It also chooses and brings a group of mentors who give knowledge, advice, and new contacts to startups for development. The accelerator provides a diverse network with a wide range of experience and knowledge.
This group works as a class at a university that allows delivering one lesson to a group of startups at once instead of delivering lessons to individuals multiple times. It focuses on participants who form an ecosystem around the accelerator and provide an opportunity for them to meet a group of startups at once instead of finding and meeting them all individually.
It is provided to overcome the lack of knowledge and networks of startups. Accelerators aremainly funded by corporations, government agencies, or investors to identify and support new innovations. The startups make returns in the form of investment returns, economic development, and new technologies.
An accelerator program mainly includes 6 processes:
Process of an accelerator program
Apply and Get Accepted
After submitting applications, only 1% to 3% of applicants get acceptedfrom total applications. During this process, the startups can interact with the operator and discover more details about them. Startups don’t have an obligation to join and accept the program until they sign any paperwork.
Get Funded
Money is one of the major reasons that founding teams and entrepreneurs selecting the accelerator path. Accelerators provide seed money to the company that ranges from $10,000 to $120,000. Although some have recently withdrawn the amount of funding they provide, they point to funding as a major obstacle to success as that may affect future fundraising activities.
Focus
A big advantage of this system is that it focuses on entrepreneurs. According to the Harvard Business Review, they are being dragged into the process for 3 to 6 months. This is an intense time, and participants are forced to focus and make progress.
Learn
Learning is a big part of the process. It includes opportunities such asseminars, workshops, and mentorship opportunities wherein it covers topics relevant to starting a venture, pitching practice, and the legal aspect.
Network
Entrepreneurs have ample opportunities to network with potential investors and other industry support providers, during the acceleration period. These connections are very valuable.
Demo Day
The process ends in graduation or on a demo day, where every startup in the cohort presents and pitches. This is the place for proving the time and experience invested by startups. Founders of startups usually include15 to 20 slides on their pitch decks as part of the presentation.
Efficiency of Accelerators
Accelerators bring the various groups of participants around their program and facilitate interactions between them very efficiently. They bring the best startups by running a selection process that includes an open and broad application process. The evaluation is done by respected individuals. The high quality of startup has an important value within the accelerator. It attracts investors.
Another major attraction of accelerators is the mentors. A mentor provides networks and tacit knowledge to the cohort. It makes mentors an important part of accelerators. Failure to ensure that mentors receive appropriate remuneration for giving their knowledge and time can lead to mentors losing interest quickly or failing to engage. The way of gathering startups together into one space and deal with them quickly in a fixed-term program, creating the same efficiency as a university collecting students into classes.
The efficiency of Startup Accelerator
Mentors are able to address all startups simultaneously, so that knowledge is effectively transmitted. Accelerators can provide a way to survey and filter out many innovators, such as startups, academics, or individuals. By choosing the best from the applicants, the accelerator makes a validated cohort of startups that are valued by others, such as investors and mentors.
The accelerator experience is fast, intense, and in-depth educational process aimed at shortening the years of worthwhile learning into a few months and accelerating the life cycle of innovative startup companies. A real accelerator has very specific identifiers. If you can access them, they can give you a lot of benefits. Not everything is created equal. There are so many differences that exist between the successes of the graduates.
Startup accelerators periodically select a batch of companies, usually in the same early stages of their lifecycle. In return for a small portion of equity, they offer advice, investor connections, and mentorship.
Is joining an accelerator worth it?
Most startup accelerators provide seed money in exchange for equity in your startup. So, if you are someone who doesn’t want to dilute the equity at the initial stage, going for an accelerator program will be a bad idea. However, there are few accelerators programs that don’t take any equity in the startups.
How do startup accelerators make money or how do accelerators make money?
The accelerator would charge startups by offering desks for rent. In a way, the accelerator is actually offering similar services to a co-working space. Alternatively, accelerators make money through offerings of training and consultancy services for startups, in exchange for money or equity.
What is a startup accelerator?
A startup accelerator is an organization that offers mentorship, capital, and connections to investors and business partners. It is designed for selected startups with promising MVPs and founders, as a way to rapidly scale growth.
What is the list of the best startup accelerators in India?
The list of best startup accelerators are as follows:-
Cisco Launchpad.
GSF Accelerator.
Microsoft Accelerator.
Indian Angel Network.
iCreate.
Google Launchpad.
Amity Innovation Incubator.
Angel Prime.
How do I start my own accelerator business?
Step 1: Found your own company or at least work at a startup.
Step 2: Participate in the community.
Step 3: Talk about the community.
Step 4: Invite the community in.
Step 5: Create a common space.
Step 6: Keep doing all of that stuff or even more, but faster.
Bangalore has gradually evolved from being the Garden City to the Silicon Valley of India. Being the centre of the country’s high-tech industry, it is on the verge of development. Coworking Spaces/Shared Office spaces are something that evolved with the need of the hour. It is an arrangement of sharing office spaces more productively and rationally. It not only saves costs but also provides convenience in terms of infrastructure and additional amenities. Find the list of top Coworking Spaces in Bangalore along with their pricing plans and additional facilities. The shared office space in Bangalore can have a significant impact on your business.
The city of Bangalore is widespread in varied coworking spaces with various facilities and work cultures. An attempt is made here to explore some of the coworking spaces in the city with a touch of detail and an overview of the same.
Top 30 Coworking Office Spaces / Shared Office Spaces in Bangalore
WeWork offices have a universal atmosphere. It is one of the best coworking spaces from the list of best coworking spaces in Bangalore. Whether you’re an established enterprise or a premature startup, your office space will drive your business forward. The choice of the right office space is essentially based on the requirements and cost of the concern. WeWork offers varied office spaces for rent to shared workspace in a communal atmosphere. It provides private offices, office suites, desks, meetings and discussion rooms and also sets up a headquarters. Some of the enterprise members include Spotify, HSBC, Pinterest, Deloitte.
WeWork – Pricing
The price structure of WeWork ranges invariably depending on the location, business requirements and the number of people. It can range from Rs. 5000 – Rs. 25000/month. For an in-depth view of pricing packages, their official site can be visited.
WeWork – Features
High-speed internet facility.
Full-fledged kitchen.
Security and Maintenance.
Streamlined billing process.
Events & conferences.
On-site support.
Flexible membership agreements.
Members’ network.
And many more. There are also add on facilities based on the location.
WeWork is spread across various locations in Bangalore, which includes – Bellandur, Koramangala, Marathahalli, Bannerghatta, Hebbal, Embassy golf links, Old Madras Road, etc.
BHIVE Workspace
BHIVE Coworking space in Bangalore
BHIVE Workspace is one of the top coworking spaces in Bangalore and it offers options not only for coworking but also helps in setting up one’s own office. It is spread across hundreds of thousands of square feet of commercial space which are offered in varied forms of office space such as customized furnished office, single desk, coworking space and a bare shell building. The main feature that sets it apart from various other coworking spaces is that it is budget-friendly i.e. one can enjoy the amenities and services of BHIVE based on their budget without much of a hitch. It positions itself as a zero brokerage office leasing platform.
BHIVE – Pricing
Facility
Range (In Rs.)
Shared Desk
5000 – 10000/month
Day pass
350 – 700/day
Meeting rooms
400 – 2000/hour
Coworking
4000 – 10000/Seat/Month
Furnished and customized office spaces
Based on sq. ft.
The prices are subject to vary based on the locations, amenities and taxation. To get a better quotation, it is worthwhile to contact the coworking office and get more information on the same.
BHIVE – Features
High-speed internet facility & WiFi-enabled premises.
Food & Beverages.
Security and Maintenance.
Meeting & conference rooms.
Full-fledged kitchen.
And many more. There are some special benefits for BHIVE members as well.
BHIVE is operational in various commerciallocations in Bangalore such as HSR Layout, Koramangala, Indiranagar, Residency Road, MG Road, etc.
Bangalore being a thriving market of entrepreneurial activity, the coworking spaces of 91SpringBoard are designed as fully furnished shared office space, where you can develop a network with people from varied backgrounds and experiences. It is the best coworking space in Bangalore and also conducts various events that help members in building networks. It not only provides coworking spaces, but also HR, Design and Accounting services, legal advice, digital marketing advice, etc.
It is expanded to various locationsacross Bangalore including Koramangala, MG Road, Indiranagar, etc.
91SpringBoard – Pricing
The pricing differs based on the location and services required. The prices may vary from Rs. 500/day – Rs. 12300/month. Detailed information can be obtained from their official site and contacted accordingly.
Bangalore Alpha labs are dynamic. The ambience of the space boosts up an air of inspiration in the minds of people. It aims to create a vibrant community of entrepreneurs, freelancers and startups. Their startup packages aim to help with branding and building the company. Privacy being the main concern of many, it also has amenities for private office cabins and conference rooms that can be rented on an hourly basis. The chances to work and collaborate with many others is high. These labs are located near Koramangala and JP Nagar in Bangalore.
Bangalore Alpha Lab – Pricing
Plans
Price
Private office
Rs. 20,000/month
Guest Access
Rs. 1000/month (5days)
Virtual membership
Rs. 1000/month
Full membership
Rs. 4000/month
Hot Desk / Open plan
Rs. 250/day
The prices are subject to changes based on location and any external or internal factors.
Bangalore Alpha Lab – Features
High-speed internet facility.
Flexible seating.
Security and Maintenance.
Mail handling.
Lounge/Chill-out area.
Refreshments & storage facility.
Various Membership benefits.
Bangalore Coworking Hub
This coworking space in Bangalore provides varied amenities that cater to the needs of its clients. It aims in providing collaboration and networking platforms to its diverse clients which would include consultants, freelancers, startups, and emerging businesses. The striking balance between work and freedom to explore new ideas is achieved by this coworking space. It is located near HAL in Bangalore.
Bangalore Coworking Hub – Pricing
Plans
Price
Night membership
Based on availability
Part time/6-weekdays
Rs. 1500/month
Conference rooms
Usage basis
Full membership/monthly pass
Rs. 3800/month
These prices may vary based on availability and usage basis. Some services may differ based on the type of membership availed.
Bangalore Coworking Hub – Features
High-speed internet facility.
Employee parking space.
Security and Maintenance.
Mail handling.
Pantry facilities.
Workstation furniture.
Virtual office space.
Coworks
Coworks – Coworking space in Bangalore
Coworks provides a completely customizable office space that suits the clients’ needs. One can access diverse facilities from private studios, flexible desks to custom-built office spaces. To seek an office address in the heart of the city with access to business hubs, airports, their six centres are strategically located across the city which includes Indiranagar, Yehlanka, Eco World, Koramangala, Residency Road and Whitefield.
Coworks – Pricing
Coworks charge a flat fee based on features that allow you to budget and scale. No per member pricing. No complicated wifi or hardware contracts. No hidden fees. Just pay for the tools you need.
Innov8 offers exquisite and beautifully crafted workspaces, where any individual or a team can connect to many, collaborate, and create an extensive community. It hosts people from diverse backgrounds such as entrepreneurs, freelancers, employees and startups enthusiasts.
Innov8 is located in Koramangala which is a centre for many budding startup enthusiasts, young minds and an extensive network of relaxing zones nearby.
Innov8 – Pricing
Requirement
Starting price/person
Fixed Desk
Rs. 10499/month
Meeting room
Rs. 800/hour
Hot desk
Rs. 5999/month
Private cabin
Rs. 16599/month
Multi-utility space
Rs. 2000/hour
Flexi pass
Rs. 3999/month
Innov8 – Features
Meeting rooms.
Recreational zone.
Lounge area.
Cafe.
Pleasing ambience.
Community events.
Social Offline
This is another Best Coworking space in Bangalore. It is termed as a perfect blend of office and cafe. It combines play and works together. When you’re bored or just want a chilling and relaxing time, you can head towards the gaming area which is equipped with Playstations and many more. In addition to that, there are meeting rooms, high-speed internet, vast open play-work area with comfort enabled couches and chairs. This place also has an exquisite bar that offers a variety of delicacies and beverages.
This is a perfect place for anyone who wants to socialize and collaborate. It is located near Church Street in Bangalore.
Socila Offline – Pricing
Membership fees are around Rs. 5000/month/person. Details regarding private office and meeting rooms can be directly enquired based on availability and usage.
Awfis has become an integral part of the exciting journey of developing an innovative atmosphere for entrepreneurs by providing affordable and collaborative workspaces. They believe in the concept that startups need much more than just spaces, thereby innovating the concept of ‘Pro working’, which focuses on People, Proximity and Performance. They enable one to make just-in-time bookings for meeting rooms and work desks. One can enjoy a flexible and convenient work environment.
It is spread across various locations in the city, thereby providing the scope of doing business from a wide choice of prime locations in the city. It includes Indiranagar, Whitefield, MG Road, Outer Ring Road, Hosur, Adugodi, Residency Road and St. Marks Road.
Workshaala is like startup offices in Bangalore. It is a great place to experience productive workspaces with quality infrastructure and flexible office plans. It is committed to providing vibrant working spaces where ideas are born, nurtured, and transformed into a growing business. The core values that Workshaala abides by are quality of services, flexibility and ease of customized options and transparency in its working.
Workshaala – Pricing
The price ranges from Rs. 400/day – Rs. 18000/month based on the location and requirements.
It is spread across various locationsin Bangalore. This includes – Banaswadi, Koramangala, HSR NR Tower, HSR Sector 4 and Sector 3.
iKeva
iKeva offers a diverse community that offers benefits to businesses and entrepreneurs. It has been significant in establishing the concept of serviced offices and coworking places. They offer private cabins, meeting rooms, coworking spaces and virtual offices. It is located near Marathahalli and MG Road in Bangalore.
iKeva – Coworking space in Bangalore
iKeva – Pricing
The pricing varies from Rs.2500/month – Rs.9000/month based on services required.
iKeva – Features
Wi-fi access.
Power backup.
IT support.
Plug and play office space solutions.
Regus
Regus office space has a range of benefits that are designed to enable a business to flourish. The Regus community events, office suites along exclusive discounts from top brands in the Regus Marketplace is something that can be taken advantage of. You can also get access to a communal kitchen and chill-out zones. These offices are situated in the prime locations of the city which includes areas near Hosur Road, UB City, World trade centre, Embassy golf links business park, Brigade Road, and many more to cover.
Regus – Pricing
The pricesare based on location and the type of space needed like coworking, office space, virtual office, meeting room, membership, etc.
Kafnu is designed to encourage community interaction with an event area that holds private networking events, workshops, sessions with the speaker, etc. There are meeting areas with industrial and biophilic design, a morsel that is inspired by regional cuisines and a private office for personal and secure business conduct with sound insulations. All in all, it has a pleasing ambience that sparks enthusiasm and creativity. It is locatednear the Residency Road in Bangalore.
Kafnu – Pricing
The pricing varies depending on the desk and office that you want to choose, the number of people and time duration.
Kafnu – Features
Community network & events.
Flexible dining options.
Tech support.
Opportunity to host corporate meets and events.
Pleasant atmosphere.
Evoma
Evoma provides a combination of business incubation and collaborative office spaces. The atmosphere of this place suits the business doings. It offers video conference suites, a coffee cum bar shop, a restaurant, a collaborative workspace, and a health club that is sophisticatedly structured.
Evoma – Office for rent in Bangalore
Evoma – Pricing
The prices vary from Rs. 1500 – Rs. 4000/month based on need and requirement. It is located in four major areas in Bangalore i.e. Marathahalli, KR Puram, EPIP Zone Whitefield and Borewell Road Whitefield.
Investopad believes in allowing emerging leaders and entrepreneurs to develop their skills and access to business opportunities. Workspaces designed by Investopad caters for collaboration and offers a congenial work environment. It is the most flexible and stable place that one can experience in the city. It is located in the prime location of the city i.e. Koramangala.
Investopad – Pricing
Plan
Suitability
Price Range
Flexible
Suits small teams (Basically find an empty desk and start working)
Rs. 6000 for 30 days
Dedicated
Perfect for large teams (Permanent seats)
Rs. 8000 for 30 days
Commuter
Suited for individuals, freelancers, and digital nomads
Commune Coworks, is the place where you can draw designs, take calls, have brainstorming sessions with the support of tech and projectors. Commune accepts workers of varied genres, it has a well-designed dedicated space for conducting workshops, a shaded terrace, and a studio that helps stimulate a person’s mind by inducing productivity and creativity. All in one it has a pleasant working environment. Commune is located in the startup zone of the city i.e. Koramangala.
Commune Coworks – Pricing
Plan
Price
Individual hot desks
Rs. 7999/month
Dedicated desks
Rs. 11999/month
Private cabin
Rs. 12999/month
Day pass
Rs. 500/day
Commune Coworks – Features
Fully Equipped kitchen.
High-speed internet.
Training room.
Event spaces.
Security and maintenance.
Community membership.
Personalized lockers.
NUMA Bangalore
NUMA is an all in one package for any budding entrepreneur. It not only provides dedicated office spaces, meeting rooms, conference rooms, event spaces, private cabins but also spreads its services to startup acceleration and innovation.
Startup Huts understands the need for dynamism and thus provides two options within the coworking space. You can either choose a flexible space where you can share your space with others as well or you can go for a dedicated coworking space, which will exclusively be for you and your team. It offers a satisfied and full package to the budding entrepreneurs i.e. from registration of the company to mentoring and tech support. The conference rooms, lounges, dedicated cabin space, cabin walls, and desks are strategically placed to provide an effective and productive work environment. All in all, it provides a perfect ecosystem to work in collaboration.
It is locatednear Residency Road and HSR Layout in Bangalore.
Cowork Cafe is associated with providing the most relevant and valuable services to its members. If you are a person who likes working in a peaceful and calm environment, then this place would suit you the most. The inspiring and ready to use workspaces has everything that you need to grow your venture. These workspaces are deemed to be fun workspaces that are your home away from home. They not only provide a collaborative workspace but are also into Incubation (Help with IT, HR, Accounting, Operations, Sales & Marketing needs). It islocated near Sarjapur Road in Bangalore.
Cowork Cafe – Pricing
The price for a Resident Coworker is Rs. 5000/month and for Guest Coworker is Rs. 300/day.
Cowork Cafe – Features
Lockers and storage space.
Laptops on rentals.
3G/4G dongles on rental.
Meeting rooms.
Pantry.
Power Backup.
Smartworks
Smartworks are aware of the present workforce demands and their requirements for an office atmosphere, thus they are equipped with the latest technology to provide a hassle-free environment to its clients. The infrastructure and the design of Smartworks offices infuse productivity and a better work-life balance. Gaming and chill-out zones are also set up to calm one’s mind off the loaded work and have a peaceful time with oneself along with the like-minded people around. It is located near the Outer Ring Road, Miller Road, and Ashok Nagar in the city.
Smartworks – Pricing
The prices are personalized based on the customization and services availed. It is available on request.
Jaaga is India’s oldest coworking community. It has an open and green space, so if you hate Cramped spaces, then this might be the perfect place for you. It has a collaborative community of freelancers & entrepreneurs. It is located near Malleshwaram, Bangalore.
Jagga – Pricing
The prices vary from Rs. 250/day to Rs. 20000/month. They provide Gold, Silver, and Friend membership.
Stack-based collaboration and community engagement.
Internal mock pitch sessions.
Workflo by OYO
Workflo is a fantastic workspace powered by OYO. It exudes young and positive vibes to aid you to build a company that you dream of. Workflo offers shared working spaces that are tuned to meet the day-to-day business requirements. It is designed with dedicated desks along with a private workstation or private cabin. Furthermore, Workflo also offers facilities of meeting rooms, conference rooms that are available for rent. The model from Workflo that supports your business, trendy designs, smart and viable leasing options, and affordable prices make it a primary choice for the brands and businesses of today.
Workflo by OYO – Coworking space in Bangalore
Workflo has two offices in Bangalore – Umiya Emporium, Koramangala and KR Puram, ORR.
Workflo by OYO – Pricing
Workflo by OYO is smartly priced to suit your business needs. Besides, with the Early bird offer via the latest Flexi all pass, you can opt for any centres across India at just Rs. 2999/month and Rs. 7999 for 3 months.
Workflo by OYO – Features
Centralized AC.
High-speed internet.
24×7 tea and coffee.
Meeting rooms.
Dedicated cafeteria.
Easy accessibility to printers and copiers.
Convenient car parking facilities.
Along with Bangalore, OYO’s coworking spaces are also available in multiple locations including mega-corporate hubs like Hyderabad, Gurgaon, Chennai and Pune.
Novel Office
Get what you need for your office to grow amidst the bustle of Bangalore. Novel Office is distinguished as one of the most popular office space providers in the city. It offers a diverse range of office spaces that starts from 100 sq. ft. to 10,000 sq. ft. for offices of all sizes. Therefore, with the Novel Office, you can get the kind of space that is most suited for your business. Furthermore, it also allows you to rent smart coworking spaces and business centres if you need not rent office space.
Novel offices are located at multiple locations in and around Bangalore that includes Bellandur market, Electronic City market, HSR layout market, Indiranagar market, J.P Nagar market, Jayanagar market, Koramangala market, and Whitefield market.
Novel Office – Pricing
Novel office offers desks that start from Rs. 9000/month. You can also opt for a diverse range of spaces available for hire. The rate for booking meeting rooms starts from Rs. 3500/day. For more information regarding booking and the availability of spaces, check out their official website.
Novel Office – Features
Ready to use spaces for starting immediately.
Fully furnished workspaces.
Corporate ambience.
Flexible spaces.
Cost-effective.
24×7 working environment.
Quest Offices
Quest offices are among the most reliable workspaces and office service providers operating across the country. The growing world of business demands workspaces that are tailored to their needs, and Quest offices are equipped to fulfil their changing needs and boost their businesses. Whether one needs a coworking space, business centre, meeting rooms, or infrastructure that supports virtual offices, Quest offices are the only destination to help you get them all. It is one of the best choices for large and small businesses, individuals, entrepreneurs, and remote teams.
Quest offices is located at Raheja Towers at Mahatma Gandhi Road along with numerous other offices across the country.
Quest Offices – Pricing
Requirement
Price
Office Desk
Rs. 9000/month, Rs. 100/hour & Rs. 500/day
Private Cabins
Rs. 30000/month
Meeting Rooms
Rs. 1000/hour & Rs. 6500/day
Training Rooms
Rs. 3000/hour & Rs. 20000/day
For more information regarding Quest Offices and their package, check out their official website.
Quest Offices – Features
World-class infrastructure.
Fast and powerful internet connectivity.
Smart payment options.
Multiple offices at different locations.
Well-knit with the city.
Integrated cafeteria.
Funzone.
15+ years of experience.
Spacelance
Looking for coworking spaces and offices in Bangalore? Then, don’t worry because Spacelance Office Solutions brings the best spaces for hire that will let a company get the optimum facilities. Whether one needs a coworking space or plans to set up a virtual office, require meeting rooms, conference rooms, or other workspaces to empower varying business needs, Spacelance is the ultimate destination. Furthermore, Spacelance Office Solutions also offers virtual addresses, equipped with virtual landline numbers, numbers for faxing, live receptionist support with little investment.
Spacelance boasts of multiple offices in and around the country among which the offices at HSR Layout and Indiranagar are famous in Bangalore.
Spacelance – Pricing
Packages
Price
Basic Package
Rs. 1300/month & Rs. 13000 annually
Standard Package
Rs. 1500/month & Rs. 15000 annually
Ultimate Package
Rs. 2000/month & Rs. 20000 annually
In case you are curious to know more about Spacelance, its facilities and the prices in detail, then it’s best to dive into their website.
Spacelance – Features
Professional business address.
Excellent facilities for handling and forwarding mails.
Local landline number.
Live receptionist.
Fast and hassle-free company registration.
Access to meeting rooms.
Workafella
Workafella offers unique and amazing workspaces and coworking units in different cities around the country and is lauded for each of its spaces. The Bangalore city office of Workafella is located at Infantry Road. This Workafella office offers office terrace gardens, cafeterias, and excellent office spaces to work without at one’s own pace. Starting a day full of caffeine, stopping at the social hub for a quick conversation, and working at peace are some of the unique activities you can repeat days on end at Workafella.
Workafella – Pricing
Workafella offers offices and coworking spaces at affordable prices that suit the diverse business needs of today. Though the price mostly varies on the centres and their locations, it generally ranges from Rs. 550/day/person to Rs. 10000 -Rs.13000/month/seat.
Workafella – Features
Smart and flexible plans for all offices.
All-inclusive pricing packages.
A variety of office spaces to choose from.
24×7 accessibility and air conditioning facilities.
Security around the clock.
Complimentary meeting rooms and other amenities.
Easyoffices
Easyoffices is a brand reputed for its coworking and office spaces in multiple locations that include Bangalore, Chennai, Mumbai, Kolkata, Hyderabad, Pune, Gurgaon and more, around the country. With easy-to-use offices equipped with smart facilities and flexible payment options for all kinds of businesses, Easyoffices is the first choice regardless of the size and nature of businesses.
Easyoffices offers a range of smart workspaces in Bangalore at multiple locations including Dickenson Road, Whitefield, Bommanahalli, Domlur, Jayanagar, Malleshwaram, Nagawara, etc.
Easyoffices – Pricing
The pricing of EasyOffices varies depending on the location and business needs. The price card offers rates that start from Rs. 7500/month to Rs. 18500/month. For more information, you can check out their official website.
Easyoffices – Features
Fully furnished workspaces.
Flexible office spaces that are tailor-made for businesses.
24×7 availability of rooms.
Flexible hiring options.
Excellent business lounges and areas for collaborations.
Manned receptions to be accessed around the clock.
Availability of cabins and conference rooms for varying requirements.
CorporatEdge
CorporatEdge is one of the leading office service providers that offers smart and well-equipped office spaces that are suited for the changing office needs of today. CorporatEdge is distinguished for premium office spaces at convenient locations in and around Bangalore and multiple locations across the country. Along with providing the brands and businesses with smart workspaces, CorporatEdge also strives to provide them with immensely elegant spaces that add to their brand value. CorporatEdge enjoys 5 centres that are in operation in 5 different locations, 3 different cities, and PAN India locations and boasts of an ever-growing clientele.
CorporatEdge – Coworking space in Bangalore
CorporatEdge offers a range of options to choose from when it comes to opting for service offices, meeting rooms, virtual offices, and more. The main office of CorporatEdge is located at ITC Green in Bangalore.
CorporatEdge – Pricing
Requirement
Starting Price
Desk Booking
Rs. 12000/month
Private Cabins
Rs. 28000/month
Meeting Rooms
Rs. 4000/day
You just need to choose the duration and the capacity you would need for your business. However, it is always wise to check out their official website for more information and pricing details.
CorporatEdge – Features
High-speed internet to transfer data without hassles.
Convenient cafeteria and kitchen area.
Prime locations around the country.
Transparent pricing and packages.
Smartphone booths at multiple places.
Secured offices that enable keyless entries.
24×7 access to photocopying and printing machines.
24×7 building access.
Attached lounge for guests.
Cowrks
Cowrks is known for vibrant office spaces that are set up at strategic locations for ease of communication. It believes in building offices that are elegant and elevate the status of the businesses operating from them. Besides, it also ensures that the employees and other business professionals feel at home even while working. Furthermore, Cowrks also boasts state-of-the-art technology to improve the user experience along with the 5-star hospitality that it extends.
The coworking spaces from Cowrks would gear up businesses and boost their productivity and collaboration. Regardless of whether you are looking for an office space for a day or continue working for years on end, Cowrks has got you covered. Yelahanka, New Indiranagar, Ecoworld, Koramangala, Whitefield and Residency Road are some of the office locations of Cowrks in Bengaluru. The other states where Cowrks have their offices include Delhi, Chennai, Mumbai and Hyderabad.
Cowrks – Pricing
CoWrks charges a membership fee that depends on the number of desks and the total duration that you would be needing them for. Also, the prices are based on the location of your business and the facilities. A desk can cost anywhere between Rs. 3000 to Rs.10000/month. For more detailed information and pricing packages, you can check out their website.
Cowrks – Features
Fully furnished shared offices of varying sizes and amenities.
24×7 entry inside the office rooms between Monday to Saturday.
Flexible charges for a diverse range of options for payments.
Fast internet connectivity around the clock.
Special lounge and lounge plus packages.
A wide range of contracts.
IndiQube
One of the leading working space providers operating in India, IndiQube aims to bring the best workspaces to meet the demands of the new-age businesses. Whether it is for an enterprise or a startup, offshore centres or solopreneurs IndiQube strives to provide the best experience for each brand. Along with smart buildings that are powered by the latest technologies to boost the working experience, IndiQube also boasts various employee engagement programs.
IndiQube – Coworking space in Bangalore
IndiQube – Pricing
Requirement
Starting Price
Office Desk
Rs. 6499/month
Private Cabin
Rs. 42500/month
Event Spaces
Rs. 15000/day & above
However, prices may widely differ according to the size and function of workspaces. For more details, you can simply check out the official website of IndiQube.
IndiQube – Features
Smart digital workspaces are equipped with everything that a business needs.
This was our list of Coworking Spaces in Bangalore. If you are one among them, then connect with us at shubham@startuptalky.com to get featured in the list.
FAQs
What is a coworking space?
A coworking space is an office or a building where individuals or a group of individuals can come to work on their personal or professional projects. Individuals pay to the company which is providing the space.
Why do we need a coworking space?
Coworking space could be needed for the following reasons:
It provides small businesses or startups with a work space to get their work done.
It allows you to find potential business partners or investors in these places to build the business.
It is fairly cheaper for startups with a small team than a proper office space.
It provides amenities like foosball tables, billiards, gaming consoles, cafeterias, wifi-enabaled premises, etc. on one platform.
It provides a multitude of leasing plans like pay on a monthly basis, daily basis, or on an hourly basis.
Which are the best coworking spaces in Bangalore?
Here’s the list of the best coworking spaces in Bangalore.
From being known as one of the world’s greatest cosmopolitan cities to the second-most connected startup ecosystem across the world, London has come a long way. There is no doubt that London has experienced a rapid rise in startup incubator and accelerator programmes in the past few years, surpassing any other European city. This growth, with the absolute diversity of skills available, makes London a perfect place for entrepreneurs to build their startups.
Let’s take a look at the following list of best startup incubators and accelerators in London.
800+ stories, thousands of founders, and millions of visitors. Want to be the next?
StartupTalky is where founders, entrepreneurs, startups and businesses hang out and look up to for inspiration. If you have the means, we have the medium! Inviting founders and startups who are building sustainable solutions from ground zero! Startups who run the show, StartupTalky will let the world know!
OneDay.io isn’t your typical startup incubator. It is a more practical option for a university which wants to help those 50% of the population who want to become entrepreneurs rather than pursuing unappealing careers. Many people eventually become self-employed, enabling them to do what they love every day and fulfill their aspirations!
OneDay.io assists people in achieving their objectives by matching them with a mentor who helps them develop their companies by offering guidance and instructions based on their own successful experience. Additionally, Oneday.io includes a virtual network called “OneDay community” that enables new users to communicate with each other and ask fellow entrepreneurs and trainers for help and guidance on building a business.
OneDay also offers case studies of many other founders outlining how their firms succeeded, enabling aspiring entrepreneurs to gain knowledge from the achievements of other founders.
Bethnal Green Ventures
Bethnal Green Ventures focus on the startups working in the market sectors such as Social, Education, Healthcare, GreenTech and WorkerTech to provide funding and support. Their requirements from the startups are an innovative idea and a team that is ambitious to impact millions of lives and scale up the startup.
Bethnal Green Ventures Website
Bethnal Green Ventures deals with an investment of £20,000 in cash for an equity stake of 6%. They will provide the startups with mentorship programmes, workshops, workspace, access to investors and industry experts, etc.
Few startups they have supported are AirPublic, Skin Analytics, Commonplace, Workerbird, Health VR, GoodGym, Ally Chatbot and many more.
Activate Capital
Activate Capital focuses on the startups working in Digital platforms to provide funding and support. Their requirements from the startups are to be an entrepreneur with a brilliant digital idea.
Activate Capital’s terms for their deals or their Programme is divided into three phases:
The Foundation Phase is where they help the startups to validate their ideas and create the business model.
The Traction Phase is where they let the startups create a Minimum Viable Product (MVP) and go through user testing.
The Build Phase is where the startups will be able to build, launch and scale their product. The investments and the equity stake varies depending on the program phase.
OneDay.io
Barclays Accelerator
Barclays Accelerator focuses on FinTech startups to provide funding and support. Their requirements include innovative entrepreneurs and startups focused on the FinTech industry.
Barclays Accelerator Website
Barclays Accelerator’s terms and conditions for their deal is an investment of £120,000 for an equity stake of 6%. The selected startups will have an opportunity to gain access to workshops and events.
They will be able to work at Rise London and Barclays Eagle Labs’ makers’ lab. They will also be able to receive mentorship from the industry leaders.
Some of the startups they have supported are BaseStone, Oathello, Shieldplay, Stockfuse, Cuvva and many more.
Entrepreneur First
Entrepreneur First focuses on all tech or tech-enabled businesses to provide funding and support. Entrepreneur First chooses people on the basis of their ambition, potential and willingness to make a significant impact.
Entrepreneur First Website
The terms and conditions of their deal is an investment of £80,000 for an equity stake of 10%. They will help the people to build cohesive teams and develop ideas. The teams will get an opportunity to work with experienced industry leaders and also be able to pitch in front of the investors.
Some of the startups they have supported are Beyond, Affable, Hydroleap, Marble, CodeREG, Represent and more.
Collider
Collider focus on the startups working in the Commerce, AdTech and Marketing sectors to provide funding and support. Their requirements include entrepreneurs who want to develop their ideas and the ones with amazing mad tech talent.
Collider’s terms of their deal is an investment between 50,000€ -100,000€ and access the mentorship of the Collider network for life.
Some of the startups they have supported are Beem, Cooala, Duel, Tailify, Unrival and more.
Founder Institute London
Founder Institute London is a pre-seed accelerator. They focus on all tech or tech-enabled businesses to provide funding and support. They welcome both teams and solo founders at the pre-seed levels as well as those with the ideas or at the initial stage of the company.
Founder Institute London Website
Founder Institute London’s terms and conditions of their deal is to support and create a strong support network. They will have to contribute 4% of their equity stake to a shared pool. Any financial returns received are then shared equally with the alumni, founder institute, program mentors and local leaders.
Some of the startups they have supported are Udemy, TravelCar, Realty Mogul, Appota, Ovamba and many more.
Hatch Enterprise
Hatch Enterprise provides funding and support to the startups working in the Social Inequality Issues. They look to work with social enterprises, female founders and young entrepreneurs from disadvantaged communities.
Hatch Website
Hatch Enterprise offers three programmes: Launchpad, Incubator and Accelerator to develop the idea and grow the startup. The startups also get access to workshops, mentoring and coaching, coworking space with support and access to a network of fellow entrepreneurs.
Some of the startups they have supported are Built by Us, Hemp and Williams and Snact.
CyLon
CyLon provides funding and support to the startups working in the field of Cybersecurity. They look to work with startups that have a Minimal Viable Product (MVP) and be able to help in securing the digital economy with their innovative ideas.
Cylon Website
Some of the startups that they have supported include CyberSparta, CyberSmart, Senseon, Tessian, BitNinja, Meterian and many more.
Founders Factory
Founders Factory focuses on all tech or tech-enabled businesses to provide funding and support. They look for entrepreneurs who want to start or scale their businesses.
Some of the startups they have supported include LuckyTrip, Sampler, Vidsy and much more.
Founders Factory Explained
JLAB Accelerator
JLAB Accelerator focuses on the startups that work in the Retail Tech sector. They look for entrepreneurs or startups who want to bring considerate changes to the retail industry.
They provide mentorship and advice from the industry leaders and a marketplace to test your products or prototypes. Some of the startups they are working with are Memomi, Ruuby and more.
Level39
Level39 focuses on Cybersecurity, Retail Tech and FinTech startups to provide funding and support. They look for ambitious entrepreneurs and innovative startups who are aiming for growth.
They conduct networking events, mentorship programmes, meetups and co-working spaces. Some of the startups they have worked with are Motive Partners, Revolut, etc.
WeWork Labs
WeWork Labs focuses on all tech or tech-enabled businesses to provide funding and support. They also focus on sectors like FinTech, Food Labs, Mobility Labs and Blockchain Labs. They help startups in scaling up their business on a global level.
WeWork Labs
WeWork Labs does not take any equity in return for their service but the startups or the entrepreneur will have to pay a monthly membership fee. Nothing more than that.
Wayra
Wayra focuses on all tech and tech-enabled businesses to provide funding and support. They search for entrepreneurs who are innovative and wants to create a difference in the market.
Wayra website
They provide different programmes such as mentorship, investor networks, workshops, etc. and also an investment of up to $50,000 to scale the startups.
Some of the startups they have worked with are Hospify, Cybershield, TravelAI, etc.
The Bakery
The Bakery also focuses on the startups that are working in tech or tech-enabled businesses. They look for entrepreneurs, innovators, early-stage startups and late-stage startups with innovative and disruptive ideas.
They have 3 different programs: the start programme, partner programme and the accelerate programme. Some of the startups they have worked with are Qriously, Flourish, Bulbshare, etc.
Techstars
Techstars focuses on all tech or tech-enabled businesses. They look for teams that are balanced and strong with a wide range of skill sets.
Some of the notable startups they have worked with are Coconut, Memgraph, etc.
Techstars website
Startupbootcamp InsurTech
Startupbootcamp InsurTech’s market of focus is Insurance Technology. They look for startups that are at their early stage with the innovative technology in the Insurance sector.
They offer services such as office parks, investor networks, training from industry experts, etc. Some of the startups they have worked with are Relayr, Valoo, etc.
Seedcamp
Seedcamp helps all tech or tech-enabled businesses with startup support and funding. They look for entrepreneurs who are innovative and are trying to solve problems in the larger market sector.
Seedcamp Website
They provide funding of up to £100,000 for an equity return of 7.5%. They also provide networking sessions, mentorship programmes, etc. Some of the startups they have worked with are Monese, wefox, etc.
RocketSpace
RocketSpace focuses on startups based on sectors like Food and Agri Tech & Mobility Tech to provide support and funding. Its program is designed for later-stage startups who are willing to grow their business.
They offer mentorship programmes, access to industry leaders for investment opportunities without any equity requirements. Some of the startups they have worked with are Leap Motion, Uber and many more.
Platform-X
Platform-X focus on the startups that are working in the market sector which include tech or tech enables businesses to provide support and funding. They look for startups that are innovative and wants to bring a change in the market that requires a platform to grow and develop their services and products.
Platform-X website
They provide an investment of up to £25M with no equity in return. They also provide mentorship programmes and co-working spaces. Some of the startups they have worked with are RotaGeek, Living Lens, etc.
Oxygen Accelerator
Oxygen Accelerator focuses on the startups that are working in the market sector which include all tech or tech-enabled businesses to provide support and funding. They look for startups with innovative ideas and that can create a high impact in the market.
Oxygen Accelerator Website
They provide an investment of up to 21,000€ for equity of 8%. The startups will receive access to mentors and investor networks. Some of the startups they have worked with are Reality Games and Vidsy.
Microsoft Scaleup
Microsoft Scaleup focuses on all tech or tech-enabled businesses to provide support and funding.
Microsoft Scaleup Website
They provide startups with mentorship and advice from industry experts and Microsoft sales experts. They also get access to Microsoft events. Some of the startups that they have worked with are GoSlope, Openhour, etc.
L Marks
L Marks focus on the startups that are working in the market sector which include tech or tech enables businesses to provide support and funding. They look for early and growth-stage startups with innovative ideas.
L Marks website
They offer programs that include mentorship programmes from industry leaders, perks from support partners, etc. Some of the startups they have worked with are Winkapp, Ping and more.
InMotion Seed Programme
InMotion focuses on sectors like mobility, travel and transportation to provide support and funding. They look for startups and entrepreneurs with innovative and disruptive ideas.
They invest in startups from the seed stage to Series B level globally. Some of the startups they have worked with are VALIDATED, Transit, Zeelo, etc.
Launch22
Launch22 is an incubator and coworking space that helps entrepreneurs to accelerate to the next level. They offer 3 months program with mentoring and networking events to help your idea and business succeed.
Conclusion
These are the list of top Incubators in London. Startups are receiving significant investments from local capital in the UK and a lot of startups have been setting up in the country. Due to its continuous support towards startups, UK has been seen as bringing their ideas into reality.
FAQs
How many incubators are there in the UK?
There are 343 Accelerators & Incubators in the United Kingdom.
Should you join a Startup Incubator or Accelerator?
Startup Incubator or Accelerator helps the startup at the initial stage to take their business to a higher level. They provide guidance, mentoring, funding, infrastructure, coworking space, investors, etc. to startups in order to scale their business. They can be a good source of advice for early-stage startups.
What is the difference between an incubator and an accelerator?
In simple words, Accelerators focus on scaling a business while incubators focus on innovation.
Which are the top startup incubators and accelerators in London?
Here’s the list of top startup incubators and accelerators in London.
Israel is one of the brightest startup hubs around the world. When we think about technology or startups, our minds venture to the Silicon Valley of North Carolina, the cradle of some of the major world’s startups like Facebook and Apple. However, what many are not familiar with is the fact that Israel is also counted among the world’s top startup hubs.
It has a high level of entrepreneurship and numerous great, innovative minds. According to the recent records, Israel has more than 3p technical companies whose round off is over $1 Billion.
As per facts, Israel has the highest number of startups per capita across the world. Furthermore, Israel provides all kinds of facilities required for the beginning of startups such as investors, accelerators, incubators, funding, and every other resource. With its systematic outlines and resources, Israel has become an enormous startup hub.
Israel has won several expansions and acknowledgment for its incredible growth over fintech, cybersecurity, and artificial intelligence. Since the year 2017, Israel has been raised to 17% in the net value and proceeds. In this article, we present you with some of the top startups available in Israel that are proven to be an absolute success. Let’s get started.
Founder – Daniel Koppel, Raviv Itzhaky, Shimon Shpiz
Founding year – 2014
Annual revenue – $9.6 million
Prospera Website
The very prominent agricultural technical based startup, Prospera Technologies, work together with artificial intelligence and substantial data. It analyzes and studies its customer’s farming data to improve and optimise the greenhouse production system and digital farming methods.
Prospera Technologies also works to improve the quality of row crops with varying irrigation levels and further steps to automatize the management of crops.
Waze
Founder – Ehud Shabtai, Amir Shinar, and Uri Levine
Founding year – 2008
Annual revenue – $37.7 million
Waze Website
The GPS navigation app Waze was an Israeli startup when it was acquired by Google in a whopping 1.1 billion dollars deal in 2013, one of the biggest Google acquisitions. Waze didn’t receive much appreciation in the beginning, but it ultimately found its way to success. People didn’t even consider Israel for building a consumer brand that would thrive. However, Waze proved its ability, and now it leads several other brands for this purpose.
Tailor Brands
Founder – Nadav Shatz, Tom Lahat, Yali Saar
Founding year – 2014
Annual revenue – $52.7 million
Tailor Brands Website
The very distinguished in-demand service, Tailor Brands is an automated logo and branding-based startup. It aims to support small businesses with their branding needs and offers tailor-made branding and logo design services to fulfill them.
Tailor Brands is famous as the world’s first AI-powered branding and logo design platform, which also leverages other cutting-edge technologies like Big data.
Guesty, the well-known company for property management simplifies the aspects of the basic requirements of these companies. It works by offering certain deals and solutions that are necessarily required for short term rental businesses.
It has scored pretty well in the market and has raised more than $25 million and ready to reach more heights with its developing strategies and funding through appropriate sources.
Perimeter 81
Founder – Amit Bareket, Sagi Gidali
Founding year – 2018
Annual revenue – $24.7 million
Perimeter 81 Website
The promising technology-based startup, Perimeter 81 strives to improve the network security for its customers. The company offers a range of services to its customers that helps them easily access their network with added Cloud security, mainly for the network environments, on-site resources, and different SaaS applications.
Perimeter 81 believes in the modernization of the networks. Furthermore, it also concentrates on making connectivity a secure option for smooth and easy corporate access through several VPN features.
Tomorrow.io
Founder – Shimon Elkabetz, Rei Goffer and Itai Zlotnik
Founding year – 2016
Annual revenue – $31.7 million
ClimaCell or Tomorrow.io, the name which the Israeli startup was rebranded in April 2021, is a Weather Intelligence Platform founded in Israel in 2016. The startup, which now has its headquarters in Boston, Massachusetts, United States, is based on weather technology that works by blending data from the Weather-of-Things with the help of the cutting-edge technologies of the present. This data is extracted from different sources such as connected automobiles, cell towers, and methods of traditional weather data.
Tomorrow.io looks after plenty of companies of different genres such as industries of sports, aviation, logistics, drones, construction, energy, and many more. The report from Tomorrow.io ensures improved operations, minimum risk of weather-induced disasters, and maintaining safety around the workplaces. Tomorrow.io has always been well-known for its work and is counted among the leading startups.
OrCam
Founder – Prof. Amnon Shashua and Mr. Ziv Aviram
Founding Year – 2010
Annual Revenue – $10 million
The very prominent startup, OrCam is built by the same person who developed Mobileye (driver visual assistance startup based in Jerusalem). OrCam works with the technology to help visually impaired or blind people. It invented a wearable device, MyEye 2.0, which provides audio for blind people, which enables them to perform independently. OrCam is a unique and promising startup that always results in bringing innovative products and services, capable of ushering a benevolent future guided by technology.
Intuition Robotics is a Raman Gan-based company that looks after the development of social tech companies to enrich the lives of older people. Intuition Robotics is widely known for ElliQ, a part-table computer, and part-robot, designed to empower senior citizens and let them not feel lonely. The friendly table robot suggests interesting digital and physical activities to the elderly people and urges them to take part in them in order to stay active and engaged with their friends, family, and with life overall. Intuition Robotics works with the brightest and most innovative minds on several missions and projects and leaves a great impact on society.
MyHeritage
Founder – Gilad Japhet
Founding Year – 2003
Annual Revenue – $133 million
MyHeritage is a famous online ancestry platform that provides you with the facility to upload photos, create family trees and search historical documents. It was founded by an entrepreneur and genealogist Gilad Japhet in 2003. He began his career from a small room in Bnei Atarot, a rural moshav. MyHeritage is a self-funded startup and was widely recognised, which is why it was acquired by the leading private equity firm, Francisco Partners in February 24, 2021.
Fiverr
Founder – Micha Kaufman and Shai Wininger
Founding Year – 2010
Annual Revenue – $189.51 million
Fiverr Website
One of the biggest freelance service marketplaces in the world made for entrepreneurs Fiverr provides freelance employment to many entrepreneurs at varying rates across the globe. Fiverr is now used by around 850,000 freelancers and 5.5 million businesses across 160 countries. The company has its headquarters in Tel Aviv-Yafo, Israel, and has already witnessed a global expansion, always gearing up for more.
Flytrex
Founders – Amit Regev, Yariv Bash
Founding year – 2013
Annual revenue – $2.06 million
Flytrex Website
The very prominent Tel Aviv-based startup, Flytrex is an on-demand delivery service provider that leverages the power of drones to fuel its deliveries.
Flytrex helps its customers deliver food and other goods and parcels of various kinds without any hassles. With the unique concept of the aerial route, the company extends great service to the customers and also saves their time per delivery. It has been really amazing with its job and garnered huge appreciation and accolades from the customers.
Brayola
Founder – Jon Medved
Founding year – 2013
Annual revenue – $2.2 million
Brayola is an online lingerie retailer-based startup founded by Orit Hashay, the serial entrepreneur who founded Israel’s second most popular wedding services review site, Mit4Mit, and Ramkol, which are known for their great services to the customers. The company helps its customers discover bras that fit them better. The bra analyzer and extractor used by Brayola helps in the identification of bras based on size, style, color, price, materials, purpose, quality, and attributes. Therefore, now women around the world can shop from a wide range of bras that need no altering and/or resizing.
Cato Networks
Founders – Gur Shatz, Shlomo Kramer
Founding Year – 2015
Annual Revenue – Around $50 million
Cato Networks Ltd is a Tel Aviv-based cloud computing and information security startup. The company helps its customers avail of the highly-secure, cloud-based SD-WAN, which is integrated to its security platform embedded into a cloud-native service. With its significant offerings, Cato Networks seamlessly connects business locations, individuals, with the data it collects. As a result of this, Cato helps businesses improve their network performance, cut costs, enhance the security of their internet connections, and integrate their mobile users into the WAN along with the cloud data.
Gong.io
Founders – Amit Bendov, Eilon Reshef
Founding Year – 2015
Annual Revenue – $120 million
The AI-powered software startup, Gong, started in 2015 in Israel and eventually expanded to the US, where the company has now established its headquarters. The company uses its cloud-based AI platform to help the sales teams of other companies to record conversations automatically and get written transcripts of the records. Empowered with advanced AI technologies, Gong is a boon to the sales teams of now.
AccessiBe
Founders – Dekel Skoop, Gal Vizel, Shir Ekerling
Founding Year – 2018
Annual Revenue – $5.5 million
AccessiBe is one unique startup from Israel. Founded in 2018, the Tel Aviv-based startup aims to make the internet a navigable place for the persons with disabilities. The contextual AI that the company leverages, helps them to scan the web pages in much the same way as a non-disabled person would, which would then be converted in an easy and readable format to the user’s screen reader for those with visual impairments. Furthermore, the UI offered by AccessiBe will help those with visual impairments to adjust the UI of websites that they frequently visit. All of these would thus be perfectly suited to their needs.
Conclusion
Israel has been nurturing a world of promising startups. Many of these companies are business-to-consumer startups, which are relatively innovative and bring in a whole range of possibilities for the customers. This is because Israel procures a community to support and offers proper infrastructure and other facilities required for the growth of these startups. Furthermore, it also supports the passion and innovative minds of the people who brainstorm and found startups. Besides, it also provides FB groups for the entrepreneurs and investors of business-to-consumers companies and more.
Israel is a hub of some of the most innovative minds of the generation, propelled by proper support and facilities, thereby helping them grow successfully and with great results. This StartupTalky article has covered the top startups of Israel that have garnered success from all parts of the world.
FAQ
Is Israel great place for startups?
Yes, Israel is a great country for startups. It has the largest number of startups per capita in the world.
How many startups are there in Israel?
There are around 6000 active startups in Israel.
How many unicorns are there in Israel?
There are over 65 unicorns already in Israel so far in 2021.
On 15th August, the world watched as the Taliban took control of Afghanistan by capturing its capital Kabul. This took place after US forces withdrew their troops from the country after a deal with the Taliban to end their two-decade-long war. Taliban is a fundamentalist Islamic force that has been fighting and taking over parts of the country over a few years. The current conflict has led to the death and displacement of millions of Afghani people.
Before the recent takeover, Afghanistan had slowly started to open its door towards modernization and many small business and startups were starting to rise. With Google launching its startup grind program in Afghanistan in 2016, the country saw a few startups and ventures coming up and support the success of entrepreneurs and their businesses.
Currently, Afghanistan is in crisis, as the country’s small business economy has been dealt with yet another series of devastating blows by the Taliban. And many of the startups that have started to provide technology services and products and small businesses are facing numerous problems and are even closing down. Many banks, ATMs, media centres, Government offices, Passport & Visa offices, Schools, colleges, universities and many other workplaces are being shut down by the Taliban.
The military organizations emerged during the civil war in the southwest and border regions of Pakistan. Taliban had held power in most parts of Afghanistan from 1996 to 2001 and had also imposed the strict interpretation of the Sharia Law or Islamic law back then. Taliban started out by saying that they had vowed in fighting corruption and improving security, but in reality, the Taliban is an extremist group that follows the austere form of Islam.
Taliban is an extremist group that earns its money from various illegal ways. Some of the ways it earns its money are by taxing and drug trade which has to lead to the country becoming the world’s largest producer of opium, which can be refined to make heroin. Besides taxing and drug trade, the organization is also illegally mine the precious minerals of the country. While the mining industry in Afghanistan is said to bring in over $1 billion every year.
Now with the Taliban taking over the entire country just in the matter of a few days, we see the history repeating. With the Taliban in power, the women of the country face the greatest threat as they will lose their basic human rights like the freedom to work, to dress as they want, or to leave home alone under Taliban rule. Not only that the country has possibilities of turning into yet another training ground for terrorism. While many business and startups are losing their employees and are close to shutting down.
Over the past few years, the country has seen a steady increase in the growth of IT startups that had also started to expand into other sectors. Before we check on how the current situation can affect the startups in the country, these are some of these top Afghani startups are:
SmartMaktab
Smartmaktab logo
SmartMaktabcis a startup that was started by Naikbeen Naikpay in order to create a better educational system for students. This Afghani startup is revolutionizing the way that instructors present school subjects ranging from mathematics to English, by creating an app and digitizing education for more than 10 million students across the country.
Daftar
Daftar logo
Daftar is one of the most well-known co-working spaces in Afghanistan with its headquarters based in Kabul. Daftar helps other small startups and businesses by renting out desks monthly and by providing them with multimedia rooms to assist with business marketing operations.
Netlinks
Netlinks logo
Netlinks is one of the first successful IT startups in Afghanistan founded by Farshid Ghyasi. The company’s employees were said to be trained in Indian and now the company is capable of providing customized IT solutions to over 3,000 clients.
Ibtikaar
Ibtikaar is a startup incubation program that helps entrepreneurs by mentoring, training their skills and getting funding. So far the company has supported and helped many startups grow across Afghanistan.
Aria Gems
Aria Gems logo
This company was started in 2013 and is known to play a vital role in cutting down the illegal and black market trade in the country. The company aims to prevent emeralds from getting sold through illegal ways and by ensuring miners receive a fair price for their gems.
TechSharks is one of the top startups in Afghanistan and was founded in 2011. The company offers services from web hosting services to mobile app creation, among others. The company is also helping Afghanis to come up with innovative ideas that will help the IT industry grow in their country.
Farah Farhat Faizi
Farah Farhat Faizi is a fruit and vegetable processing company was founded in 2012 by Kobra Dastagirzada. The company helps promotes domestic products of Afghanistan and was also a part of the Google initiative of Afghanistan’s Start-Up Grind.
Bushra Tranum
This is a food company that was started by another woman named Zarifa Razaee in 2019. The company produces and sells organic food products.
Gahwara
Gahwara is a unique startup that was started by Shabeer Ahmad Hameed in 2018. The company started an artistic kindergarten for kids where they can learn are music, dancing, painting, and handicrafts along with the Preliminary Body Practices, Yoga, Technology, and Management.
ToNext
ToNext was started by Akmal Arzhang in 2017 and is a firm that provides many cost-effective IT solutions and services.
What is the future of these startups in Afghanistan?
After the Western-backed Afghanistan Government fell after 20 years and the Afghani President Ashraf Ghani fled the country. Many Afghanis started to fear for their future and started running to the airport which was one of the last ways to get out of the country. The Afghanis are now struggling to get out of the country in any way possible, in order to find a better future in other countries.
Employees of these startups leaving their jobs and leaving the country. The women will now have to stay in their house or wear a full burqa and be accompanied by a male relative if they want to go out, which has led to many women already losing out on education or jobs. Many businesses that were run by women or had women as employees will be shut down.
Besides, that businesses and startups will no longer get support from the government. While the electricity and internet access, education gap in the society and poor economic conditions will only grow and this will harm the upcoming startup ecosystem in Afghanistan. There is also a potential that the illegal activities will increase in the country because the Taliban and might become a training ground for terrorist groups like Al Qaeda.
The top startups in Afghanistan are SmartMaktab, ToNext, Gahwara, Bushra Tranum, Farah Farhat Faizi, TechSharks, Aria Gems, Ibtikaar, Netlinks, Daftar, among others.
Who are the Taliban?
The Taliban is a military organization that emerged during the civil war in the southwest and border regions of Pakistan.
What happened to Afghanistan on 15th August 2020?
On 15th August, the Taliban took control of Afghanistan by capturing its capital Kabul.
Startups and small businesses are at serious risk of cybercrime. Ransomware, IoT attacks, DDoS attack and deepfakes are threats to growing companies who lack the professional protection that larger firms may enjoy.
It’s crucial that startups and small businesses invest in IT security to provide the protection they need to power productivity. If you’re struggling to identify where to start, here are 10 ways to set up cybersecurity for startups.
Almost half (46%) of all UK businesses were the victims of cyber-attacks, the Government found in a 2020 survey. Across the world, 53% of small businesses are targeted by hackers and online criminals, says Cisco – and the threat level is increasing.
Of those businesses attacked, 33% experienced a cyber breach once a week in 2020, costing almost £1,000 each time to fix the problem. As well as incurring expenses, companies can suffer from data losses and damage to reputation that can be more difficult to claw back.
While startups may not have established a profile, missing protection makes them easy targets for online criminals. A lack of investment in infrastructure, personal safety, and a robust IT security culture means that startups can be easy pickings for online predators.
The National Cyber Security Centre has created a set of simple guidelines for startups, but these are far too basic for most businesses.
At Syntax, we work with businesses of all sizes to safeguard their IT systems and provide IT security solutions that deliver the highest levels of protection.
Invest in Antivirus protection
While the Government may have recorded a fall in viruses or other malware (from 33% to 16%), strong antivirus software should still be the first investment you make.
Online threats have increased by almost 30% during the Coronavirus pandemic, as digital criminals attempt to take advantage of lapses in online defenses.
Antivirus software acts as a first line in protection, alerting you to threats and safeguarding your systems from identified risks. While it may be tempting to use free antivirus software, avoid it. Investing in a professional antivirus package is the only way to enjoy total peace of mind and protection.
Installing your antivirus software is just the start; you’ll also need to ensure that everyone in your organisation installs updates as soon as they’re released as new threats emerge every day.
Think you’re protected using a Mac? Macworld provides a list of all threats, and it’s growing every day. Whatever platform you use, invest in anti-virus software.
Commit 100% to the cloud
Storing documents and data in the cloud isn’t just convenient; it can be much safer too. As a business owner, you maintain control and oversight of all information. You’ll have an audit trail, too, enabling you to see who is accessing what data and when. It’s easy to generate audit logs in Microsoft 365, providing total transparency.
By using cloud services, you can hopefully avoid dangerous practices, such as saving to a local computer, emailing files through a web-based provider, or using external storage devices such as USB sticks.
An incredible 85% of all data breaches were caused by human error, including poor password protection, Verizon found in its 2021 survey. The problem is your people. A Google survey found that 65% of people used the same passwords for multiple accounts. This gives hackers and online criminals easy access to your systems.
Staff must understand the risks of poor password etiquette, including reusing the same password multiple times. Other simple but common issues include writing passwords down or sharing them with other employees.
Create Professional policies
The Federation of Small Business recommends you create a password policy to ensure staff choose (and don’t reuse) passwords, and we agree. But you should go further. Every startup and small business should develop professional policies to safeguard IT systems.
A strong policy will spell out precisely what you expect of each staff member, including what they shouldn’t access, how to manage data, keep passwords secret and more. An IT policy will also ensure that your organisation adheres to legislation, including GDPR and UK data protection rules.
Restrict Network access
Cloud platforms enable you to set tiered access levels, allowing only those who need the information to access it. This may mean that only your accounts team, for example, can access information on invoices and outgoings.
It’s critical as insider threats – where someone within your organisation intentionally accesses information they should – are on the rise. Research in 2020 found that 60% of all data breaches are caused by insider threats. Don’t give anyone – outside or inside your organisation – a chance.
Safely store sensitive data
Data is likely to be an organisation’s greatest asset and its most significant risk. Protecting data isn’t just a legal duty; an information breach can lead to long-lasting damage to your reputation too.
Cloud storage systems provide extra safety for your data. For example, you can set tiered access, provide password protection and see who has accessed data and when. Secure cloud storage systems are also external to your business and regularly backed up, removing one stress point from your IT security.
Establish a culture of security
We’ve identified that your people are often the weakest link in your IT security, but it doesn’t have to be that way. Establishing a positive security culture ensures that all staff – from the boardroom to the backroom – take IT security seriously.
Each member of staff should understand their role in keeping your startup safe. Installing updates, protecting passwords and identifying potential threats are just some of the ways you can create a culture of IT security.
It’s also critical that staff have the confidence to immediately raise an alert if something goes wrong (and unfortunately, it will).
Have a Recovery backup plan
It’s highly likely that you’ll experience an IT security threat, so we recommend that every startup has a robust disaster recovery plan. Each plan should include details of how you’ll manage your hardware, software and essential systems in a crisis.
The priority here is to ensure the safety of crucial data and to restore systems as soon as possible so you can continue to work.
Using cloud-based systems and software can reduce your time offline, restoring productivity – and profitability – as quickly as possible.
Smaller businesses invest proportionally smaller amounts in IT security than larger firms, stats show. This increases their risk of damaging data breaches and online threats.
Every startup should ensure that IT security is a priority and invest in it. There’s no one-size-fits-all approach here; the amount you spend depends on your organisation, systems, and the security risks you face.
Our advice is to regularly review IT security spending and avoid the temptation to cut costs or corners.
Work with a IT partner
Managing IT security is a full-time job, but too many startups struggle to balance priorities, compromising their protection. Working with an experienced partner can prove to be a cost-effective way to manage your IT systems.
Outsourcing support can be cheaper and more effective than in-sourcing the task to an already over-stretched IT team. Experienced providers can deliver 24/7 support and guidance, as well as protecting you from new and emerging threats.
FAQ
Do startups need cybersecurity?
Yes, If you’re a small business or a startup you are vulnerable to hackers and so you should step up your cybersecurity to Keep your startup safe from hackers, data loss and breaches.
What are the 3 major types of cybersecurity?
Cloud Security, Network Security, and Application Security are the 3 major types of cyber security.
Why do small businesses need cybersecurity?
Small businesses should invest in cybersecurity to protect their own business, their customers, and their data from growing cybersecurity threats.
Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd. and sits on the board of directors of Prime Focus Limited, Geojit Financial Services, Bilcare Limited, Praj Industries Limited, Provogue India Limited, Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid-Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.
He is popularly referred to as the “Warren Buffett of India” and the “King of Bull Market”.
Jhunjhunwala’s stocks fell by up to 30% in December 2011. He recovered his losses in February 2012. These ups and downs forced him to reduce his vulnerability by trimming his portfolio to one-third.
His attempts to divest his Aptech stake had no takers. Jhunjhunwala invested ₹26 Crores (US$3.4 Million) in A2Z Maintenance increasing his stake in the company by 3.57%, upping his stake in the company to 23.2%.
Rakesh Jhunjhunwala startup investment in India
The first big profit of Rakesh Jhunjhunwala was ₹5 lakh in 1986. During 1986 – 1989, he earned almost ₹20-25 lakh profit. As of 2020, his biggest investment is in Titan Company which is worth ₹4,758 Crores (approx. US$600 Million).
Rakesh Jhunjhunwala will start by investing in the start-up scene of India. Mobile gaming firm Nazara Technologies, based in Mumbai, announced the acquisition of minority stake in the company for an estimated $27.99 mins by investor Rakesh Jhunjhunwala (INR 180 Cr).
Investment from Rakesh Jhunjhunwala follows the $51.1 million financing round led in the beginning of this month by the IIFL Special Opportunities Fund. “We are happy to have Rakesh Jhunjhunwala as an investor at Nazara and it is a great validation of the value increases that Nazara delivers to its existing shareholders,” said Nitish Mittersain, Managing Director and founder, Nazara Technologies.
Nazara Technologies is a mobile gaming company which acquires, adds value and sells mobile games in emerging markets. It offers massive mobile internet users mobile gaming subscriptions which consist of mainly mobile gamers in Africa, the Near East and Southeast Asia, Latin America and the Indian subcontinent for the first time. Rakesh Jhunjhunwala commented on his investment, “I still look forward to promising businesses that are the pioneers in high vertical growth. In the mobile game market, Nazara is a leading company. Nazara has a clear history of benefit delivery, cash flow, effective capital use and high ROE.
Nutrition startup Fullife Healthcare raises ₹50 crore from Rakesh Jhunjhunwala and other investors.
At its latest round, Fullife Healthcare is the organization that runs the Fast & Up brand for sports nutritional supplements.
The financing comes from established Rakesh Jhunjhunwala and Sixth Sense investors and Amansa Capital’s latest investment company Akash Prakash. One of the first supporters of the organization was Jhunjhunwala.
The business is widening its product range with recent investment and also aiming to add new markets, including the United States and Europe. In Italy it is already present.
Nazara Technologies
Rakesh Jhunjhunwala- Nazara Technologies
They are the leading diversified gaming and sports media network in India and developing and developed world markets such as Africa and North America, as well as providing services in the digital gaming, electronic sports and early learning ecosystems.
Mobile gaming company based in Mumbai submitted initial public bids documents on Friday to industry regulators. The business is renowned for the World Cricket and Chhota Bheem and Motu Patlu Championship games. Nazara is one of the largest digital gaming and sports media companies in India.
Nazara Technologies, founded in 2000 by Nitish Mittersain, is a developer and publisher of mobile games offering unique services as the Games Club, and an exclusive dealer for key developers of games like Electronic Arts, for instance. The business operates in Dubai, London, Africa, Singapore and in Mumbai. And it operates in developing markets in 61 more countries.
In India, Nazara has been licensed to use the mobile gaming rights of famous IPs such as Virat Kohli, Hrithik Roshan, Chhota Bheem, Royal Challengers-Bangalore, aand Motu Patlu. As of September 2017, in its network of Games on the Google Play Store, Nazara has been able to download more than 34 minutes of its monthly users, according to Nazara. The company also announced in the same month plans for an IPO of $156.5% by the end of FY18.
The online gaming industry in India estimates to be over $360mn worth, and is expected to rise to $1tons by 2021, according to the Google KPMG report published in May 2017. It is likely that this industry will cross over 310mn gamers throughout the country. The segment’s tremendous potential and offered an opportunity to explore several startups. Two more Smaaash and Passion Gaming start-ups have raised $3.8 million and $3.7 million in funding last month.
India makes up approximately 13% of the world’s online mobile gaming population, according to the data available. However, while the industry has expanded rapidly in recent years, most firms have faced difficulties in breaking down. In FY17, the company generated revenues in excess of $86 million (INR 550 cr) and income in excess of $10.3 million (INR 66 cr). This investment by Rakesh Jhunjhunwala as an accomplished investor is another confirmation of the profitable and sustainable gaming start-up model.
Conclusion
Nazara has invested and acquired in various gaming categories, including Esport, edutainment and infotainment, sports fantasy, multiplayer games such as carom and mobile crickets, over the years in order to increase its role in the gaming and sports sector. Others are the leading investors, in addition to Jhujhunwala, Plutus Wealth Management, IIFL Special Opportunities Fund.
FAQs
Who is Rakesh Jhunjhunwala?
Rakesh Jhunjhunwala is a business magnate, one of the most renowned and successful stock market investors in India. He has made a great fortune by trading and investing in stocks. He is an inspiration for all those who want to succeed in the Indian Stock Market.
What is the net worth of Rakesh Jhunjhunwala?
The net worth of Mr. Rakesh Jhunjhunwala is estimated to be $3.3 Billion.
What is Fullife Healthcare?
Fullife Healthcare is a startup that sells sports nutrition supplements under the brand Fast & Up.
What is Nazara?
Nazara is a digital gaming and sports media company in India.
Who is the king of share market in India?
Rakesh Jhunjhunwala is known as the King of the Share market in India. He is popularly referred to as the “Warren Buffett of India” and the “King of Bull Market”.
