Karnataka information technology and bio-technology minister Priyank Kharge on October 17 reiterated the state government’s commitment to “building infrastructure to support innovation and entrepreneurship”, as he welcomed quick-service startup Snabbit to Bengaluru.
The state government has been under pressure over poor infrastructure, worsening traffic and other challenges, which has at time put it at odds with the industry.
"Snabbit, a quick-services startup, has moved its base from Mumbai to Bengaluru to tap into the city’s unmatched tech talent. With over 1.5 million tech professionals and the largest concentration of tech talent in the Asia-Pacific region, Bengaluru continues to be the first choice for innovators and founders. Bengaluru’s 75% working-age population gives us a demographic edge that powers our leadership,” Kharge wrote on the X platform.
Also, read: Quick services startup Snabbit relocates from Mumbai to Bengaluru’s Koramangala to tap tech talent
“Extremely happy to see more and more companies showing confidence in our talent and innovation ecosystem. As a government, we are committed to building the infrastructure, policy, and frameworks needed to complement and sustain this leadership, making Karnataka the natural home for new-age innovators.”
Moneycontrol wrote on October 16 about Snabbit moving its headquarters from Mumbai to Koramangala in Bengaluru to tap into the city’s talent pool and proximity to venture capital (VC) firms amid growing investor interest in the quick-services space.
The startup, which operated out of Powai in Mumbai, has taken up a managed office space spanning 10,000 square feet in Koramangala’s 5th Block.
Koramangala: A hub for startups and tech companies
Koramangala is a preferred destination for startups and tech companies. Flipkart, one of India’s largest new-age companies, began its operations in the neighbourhood in the early 2000s. Other startups such as Swiggy and Groww also began scaling their businesses from Koramangala.
Karnataka and Andhra IT ministers recently clashed after Nara Lokesh pitched Anantapur as a hub for Bengaluru-based firms, citing companies moving from the city’s Outer Ring Road to north Bengaluru and Whitefield. Kharge hit back, highlighting Bengaluru’s economic strength, rapid growth, and farmers’ opposition to Andhra’s 8,000-acre aerospace offer, saying desperate scavenging shows weakness, not strength.
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