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Entrepreneurship in Gurugram
Gurugram, a city located in the northern Indian state of Haryana, has been emerging as a thriving hub for entrepreneurship. This is largely attributed to its innovative ecosystem that boasts a rich mix of startups, tech companies, co-working spaces, and incubation centres. The city offers a conducive environment for entrepreneurs to foster innovative ideas and turn them into reality. It is a melting pot of diverse sectors including technology, e-commerce, health-tech, edtech, fintech, and more. The presence of globally recognized institutions like Indian School of Business (ISB) and Management Development Institute (MDI) also contribute to the city's knowledge-driven and innovation-centric environment. Moreover, the access to various funding opportunities in Gurugram is another vital factor that makes it an attractive destination for entrepreneurial ventures. The city is home to a robust network of venture capitalists, angel investors, and private equity firms that are eager to invest in promising startups. The government also provides various schemes and incentives to support and promote startup growth. Overall, the vibrant startup ecosystem, availability of resources, and an enabling business environment make Gurugram one of the most sought-after cities for entrepreneurs in India.
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Gurugram founders in numbers
Gurugram, a thriving hub of entrepreneurship, boasts an impressive total of 110,500 entrepreneurs. Among these, 75 are active users of CoffeeSpace, a platform that fosters a dynamic community of innovators. The city's entrepreneurial landscape is dominated by three key industries: Artificial Intelligence (AI), Financial Technology (FinTech), and E-commerce. Some of the top companies in the area include Siemens Power Engineering P Limited (Spel), Nagarro, and Google, all contributing to the vibrant business culture. The pedigree of Gurugram's entrepreneurs is equally noteworthy, with many of them holding degrees from prestigious institutions such as the Indian Institute of Technology (Banaras Hindu University), Varanasi, Indian Institute of Technology, Kanpur, and Indian Institute of Technology, Bombay. Gurugram offers a thriving environment for entrepreneurs, facilitating growth, innovation, and success in the business world.
The median age of CoffeeSpace founders in Gurugram is 30, while the average is 31.31.
A majority (51%) of CoffeeSpace founders in Gurugram are non-technical (Product, S/M, Financial, Operations), while (49%) are technical (Engineering, AI/ML).
A majority (71%) of CoffeeSpace founders in Gurugram, are exploring startup ideas, while 29% are committed to finding a cofounder.
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