March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

I moved to Bengaluru, India, to launch my startup but left after 16 months. It's not comparable to Silicon Valley.

Dhruv Suyamprakasam founded a startup and moved to Bengaluru twice to scale his company.
  • Dhruv Suyamprakasam launched a telemedicine startup and initially moved to Bengaluru.
  • Bengaluru's fast-paced culture clashed with the healthcare industry's needs and the team moved back.
  • He says that Bengaluru has its own merits and should not be compared to the Silicon Valley.

This as-told-to essay is based on a transcribed conversation with Dhruv Suyamprakasam, a founder who launched his startup in Bengaluru but later moved out. The following has been edited for length and clarity.

My father was a first-generation entrepreneur and ran a thriving business in the early 1990s in Coimbatore, a small city in Southern India. I would follow him on business trips, and growing up, I spent a lot of time in Bengaluru and Hyderabad, two of India's biggest business hubs in the south.

I studied mechanical engineering. During college, I became fascinated with entrepreneurship and building something of my own.

I first considered entering manufacturing, but I'd have to focus on making one product at a time. I decided building software was the answer, but I still didn't have an idea of exactly what I wanted to use software for.

Around this time, I met my now-co-founder, a medical doctor, who was also my relative, at a wedding. We kept in touch and came up with the idea of our startup — a telemedicine company that would allow people to access doctors virtually and across local and international borders.

I was a recent graduate with a good job offer. My cofounder was worried about how our family would react to me quitting to venture out on my own. But I absconded the job offer and began working on our idea full time.

Moving to Bengaluru

We brought on another cofounder who lived in Bengaluru at the time. I had read about the city being the center of the mainstream startup ecosystem. In 2010, moving to Bengaluru felt like the best decision for me as a founder.

But it wasn't the best place for us. It's a place that expects companies to grow fast and fail fast. I didn't think it was the right pressure to put on a healthcare startup, which has no margin for errors and requires a lot of trust from people. We met investors who had expectations like getting 100 paid consultations in a day.

Around 12 years back, I also felt like there was a lot of bias from investors. I felt excluded because I didn't speak Hindi, which is the most spoken language in India, and I did not go to college at the Indian Institute of Technology, the most coveted engineering school in the country. I also got some judgment for being from a small town many people had not heard of.

A combination of those factors helped us decide to move back to my hometown after around 16 months in Bengaluru.

There were challenges back home, too. We faced issues with our internet connection, which we never had in Bengaluru, and there was no established startup community. But it gave us the space to grow at our own pace.

Since then, we have onboarded about 4,500 doctors to the platform and have patients from all over the world. The company has grown to around 200 employees, and we have expanded to include health content on the platform, too.

Heart of India's startup scene

We even moved back to Bengaluru for a second time in 2016 because we had grown a lot more as a company and thought things might be different this time around.

We thought that maybe the first time around, we hadn't understood how Bengaluru worked and how things were done. We were ready to give it a second chance.

The inclusivity had improved because of the push for diversity, equity, and inclusion, but not much had changed for the healthcare industry like the speed at which we were expected to show results. We ended up coming back to my hometown after a year and a half.

The city has tons of advantages, like proximity to venture capital, a massive pool of tech talent, and more opportunities for networking, which can be helpful in the early days.

But building a business outside the tech hub is also a good option, especially because of lower costs. While employee salaries are usually on par, founders can save a lot on office space and home rent if they build from smaller cities and travel to Bengaluru as needed. I also think we need more tech hubs in India outside Bengaluru.

It's no Silicon Valley

I don't think Bengaluru should be compared to Silicon Valley at all. Since 2018, I have also spent time in the Bay Area growing our business. Now, our company is headquartered in the US, and I spend four to five months of the year in the US.

Bengaluru has an amazing tech crowd, but Silicon Valley is Silicon Valley for a reason — people are far more open-minded and inclusive about giving opportunities to those from different backgrounds, which has allowed it to become a sponge. The city just sucks up anyone with talent from across the globe.

It would have made me incredibly happy if the first large language model came from India, but it didn't. It came from OpenAI and Silicon Valley, where Sam Altman's team was allowed to burn cash for years before ChatGPT came to fruition.

It would be easier for anyone trying to build a software company that aims to have global customers move to the Bay Area for better access to funding and talent.

We call Bengaluru the Silicon Valley of India, but that is just another way Indians are comparing themselves to the West.

I think the way to go is to be great on our own account. One step in that direction is to be more inclusive and start seeing people for their talents rather than their educational or cultural backgrounds.

Read the original article on Business Insider
Архангельск

Для поездов на СКЖД, как и по всей России, установили расписание на три года вперёд

Exclusive: CID actor Hirishek Pandey has a double celebration on his birthday as he celebrates it with his family and CID co-actors

Bumrah bowls a double wicket over for 12th five-wicket haul

D Gukesh: World champion shares life lessons by his mother

Steve Smith breaks Steve Waugh's record

Ria.city






Read also

Takeaways from AP’s reporting on a child sex abuse crisis inside a secretive Christian sect

I'm a retiree who assembles furniture on Taskrabbit to avoid draining my retirement fund. At 79, I also like having structure and meeting new people.

Ticket & Travel Details: FC Halifax Town (A)

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Thursday 12 December 2024

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

Exclusive: CID actor Hirishek Pandey has a double celebration on his birthday as he celebrates it with his family and CID co-actors



Sports today


Новости тенниса
WTA

Эрика Андреева проиграла в парном разряде в финале турнира WTA-125 в Лиможе



Спорт в России и мире
Москва

В России запустили бесплатную почту Деда Мороза в преддверии новогодних праздников



All sports news today





Sports in Russia today

Москва

В России запустили бесплатную почту Деда Мороза в преддверии новогодних праздников


Новости России

Game News

Большой киберспортивный турнир провели для сотрудников Правительства Москвы


Russian.city


WTA

Екатерина Александрова уступила в первом круге турнира WTA-125 в Лиможе


Губернаторы России
Яндекс

Продвижение Песни в Мою Волну музыкального стриминга Яндекс Музыка.


Филиал № 4 ОСФР по Москве и Московской области информирует: Ветераны СВО будут проходить лечение в центрах реабилитации Социального фонда

Стали известные самые популярные мошеннические схемы перед Новым годом

ТСД SAOTRON RT41 GUN: практичный, производительный, надёжный

"Z" и "Аз" В НЛП СВО? НЕЙРО ОРУДИЕ НАЙДЕНО В ПРИЧИНАХ ЗАТЯЖКИ ПОСТАВОК НА УКРAИНУ?! Россия, США, Европа могут улучшить отношения и здоровье общества?


Хита ABBA и The Beatles в исполнении симфонического прозвучат в концертном зале «Колизей - Арена»

В Москве завершился федеральный проект «Классика: история и современность»

Бывшая жена Градского пожалела о браке с артистом

Концерт «Очарование романса» дадут в псковской детской музыкальной школе


"Снова "Оземпик". В сети обсуждают похудевшую Серену Уильямс

Арина Соболенко получила награду WTA за преданность делу и продвижение женского тенниса

Новак Джокович заявился на турнир ATP-500 в Дохе

Рафаэль Надаль получил трофей, включающий все 92 титула, выигранных им за карьеру



В России запустили бесплатную почту Деда Мороза в преддверии новогодних праздников

В Подмосковье росгвардейцы задержали рецидивиста, подозреваемого в совершении серии краж из одного и того же магазина

Филиал № 4 ОСФР по Москве и Московской области информирует: Ветераны СВО будут проходить лечение в центрах реабилитации Социального фонда

В Подмосковье сотрудники Росгвардии задержали подозреваемого в краже из гипермаркета


Единственный официальный ремейк песни «Я Свободен» от солиста группы “Парк Горького” Сергея АРУТЮНОВА: одобрено Кипеловым

Стартовал прием вопросов к пресс-конференции Игоря Маковского

Чемпионат Испании. "Райо Вальекано" - "Реал Мадрид". Онлайн трансляция.

Знаменитый балет Щелкунчик с Фарухом Рузиматовым на сцене Александринского театра в Санкт- Петербуге


Водители BMW стали главными должниками за неоплату штрафов в Москве

Операторы Системы-112 и ЕДДС приняли 2158 вызов

Белоусов: поставки в ВС России танков выросли в 7 раз, беспилотников — в 23 раза

«МастЕРские Деда Мороза» начали свою работу в Талдомском округе



Путин в России и мире






Персональные новости Russian.city
Сергей Брановицкий

Концертный Директор в тарифе Super.



News Every Day

D Gukesh: World champion shares life lessons by his mother




Friends of Today24

Музыкальные новости

Персональные новости