Raj Subramaniam, co-founder of store-billing software company Paisool, says he has heard that there are close to 400 e-commerce startups in the Koramangala area alone.
“And most of them are raised on a minimum of Rs. 1 crore in funding. If you take the sheer numbers, Bengaluru sure looks like the startup capital,” he says.
Enlisting a cricket analogy, he says, “Bangalore is like Kambli of ’90s – massive potential, has the talent to do great things.”
But the jury is still out on whether the infrastructure lives up to the promise of the talent, he says.