Earlier this month I had the opportunity to visit Bangalore, India and participate in the InTech 50 conference there, honoring the top 50 product technology companies in India. While in Bangalore, I spoke briefly with Rajan Anandan, Managing Director of Google India, and he told me, “Bangalore is buzzing!” It was easy to see why, as the 50 companies were all impressive, and gave a strong view of the potential in India’s tech sector.
Corum was honored to be part of the selection committee for InTech50. In fact, we’ve been involved in the tech scene in Bangalore longer than most, as one of our first principals was located here, in a transaction we worked on more than 20 years ago.
We’ll be paying a lot of attention to this region in the future, and we’d encourage you to do so as well. Right now, India produces 40% of all Asian software startup companies, and the country is expected to be second in the world behind the US within a couple of years.