TechHub, the community and workspace for tech entrepreneurs is set to launch at an event on 9th July with a mission to grow 1000 Bangalore startups in the next 3 years. It will breed a unique environment for technology startups through an international network of like-minded and focused tech entrepreneurs, for stimulating an exchange of ideas and forging collaborations.
A visit to TechHub London in 2013 by former Infosys CFO, Mohandas Pai, inspired one of the largest startup communities in the world to launch in Bangalore.
Mohandas Pai said,
“Having TechHub in Bangalore would bring greater excitement to a very charged startup ecosystem and create a seamless flow of startups between London and Bangalore. Yeh Dil Mange More.”
Entrepreneur Stewart Noakes, had recently sold his successful software testing startup and was looking for a way to give back and help Bangalore entrepreneurs build startups for the Indian market. When TechHub London approached him, it seemed to be the perfect platform.
Noakes saw real potential in linking the Indian and European startup ecosystems. After talking to business leaders in Bangalore, the feeling was that TechHub’s “opt in” approach where members have access to networking and education, alongside collaborative spaces full of entrepreneurs, without having to give up equity, would be a unique offering in the city. TechHub aims to become the go-to platform for entrepreneurs and the place for investors, corporates and media to find and engage startups.
Stewart Noakes, Co-Founder TechHub Bangalore reveals,
"TechHub’s community-led approach will bring a new catalyst to startups in the city. Our programme, events and spaces will be effective tools while our international network will help Bangalore startups go global. It is great to have been able to bring something so special to Bangalore as part of expressing our gratitude to this wonderful city."
Replicating its successful model, TechHub will form a group of industry leaders as mentors and partners to actively engage with its community.
Elizabeth Varley, CEO and Co-Founder of TechHub Global said,
"Our vision is to be the go-to community for every tech entrepreneur around the world and we are thrilled to be launching in Bangalore, a city with great universities and talent and the home of startups in India."
TechHub prides itself on its open collaborative approach meaning it will work with existing players such as accelerators and business initiatives to help the ecosystem grow. The team has already launched a crowd-populated map of the Bangalore startup ecosystem here: http://bangalorestartups.in/
The first TechHub in Bangalore will be based in Koramangala within the new UK India Business Council Centre, which also launches this week.
Richard Heald, CEO UKIBC said
"The UK India Business Council recognises that the startup ecosystem is critically important for the future of both the UK and Indian economies, and connecting British and Indian technology start-ups will create a powerful force - driving collaborative innovation between our two countries. Our own collaboration with TechHub is very important in this context, and supports by extending significantly the access and assets that these companies can reach through the global network that TechHub has built."
More details on TechHub can be found at: http://bangalore.techhub.com
Notes to editors
Back in 2009, Serial Entrepreneur, Elizabeth Varley and TechCrunch’s European Editor-at-Large, Mike Butcher, saw value in starting a “town hall” for the tech startup community, often forced to work from home or local coffee shops. In reaction they started TechHub, a community and space where like-minded entrepreneurs congregate, work, learn, and grow their businesses without having to give away equity. Google quickly came on board as a partner, which helped TechHub grow with the community.
TechHub has since grown to become the largest startup network in Europe, with over 1000 startup members, all working on technology products. The community has grown to have 8 physical spaces, each run by local entrepreneurs in different cities.
While TechHub’s membership is entrepreneur-based only, its events also become a great platform for the investment community to find business opportunities. The organisation also offers partnerships with corporates keen to connect with startup innovation. http://www.techhub.com/press
UK India Business Council is the premier business-led organisation promoting bilateral trade and investment between the two countries. UKIBC plays an influential role in creating and sustaining an environment in which free-trade and investment flourishes. Through the facilitation of partnerships, and with an extensive network of influential corporate and individual members, UKIBC provides the resource, knowledge and infrastructure support vital for UK companies to make the most of emerging opportunities in India.