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Economy Of Bangalore
The economy of Bengaluru contributes over 43.65% to the economy of the State of Karnataka, accounting for 98% of the Software Exports of the State. The establishment and success of high technology firms in Bangalore has led to the growth of Information Technology (IT) in India. As of 2020, IT firms in Bengaluru employ about 1.5 million employees in the IT and IT-enabled services (ITES)/ BPM sectors, out of nearly 4.4 million employees across India and account for the highest IT-related exports in the country. In 2014, Bangalore contributed US$ 45 billion, or 38% of India’s total IT exports. The estimated Metro GDP ( PPP) of the city is around US$110 billion, coupled with a Metro GDP ( PPP) Per Capita of roughly US$8,461, and it has been ranked as the fourth most productive metro area of India. One of the important factors spurring Bangalore's growth was heavy state government investment (and its environment) in Bangalore's public sector industries. Education Bangalo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UB City Bangalore
UB or Ub may refer to: Organizations *Basel University Library, german: Bibliothek der Universität Basel, abbreviated UB. * UltimateBet, a defunct online poker site *Ungermann-Bass, a computer networking company in California *United Biscuits, a British and European food manufacturer *United Breweries Group, a brewery conglomerate in India *Urząd Bezpieczeństwa (1945–1954), part of the Polish secret police *Church of the United Brethren in Christ, also known as the United Brethren *Myanmar National Airlines, IATA code UB *Urban Behavior, defunct Canadian retailer Places *Ub, Serbia, a town in Serbia *Ub (river), a river in Serbia *UB postcode area, in London, England *Ulaanbaatar (Ulan Bator), Mongolia Universities *Bakrie University, Jakarta, Indonesia *University of Bridgeport, Connecticut, US *University at Buffalo, New York, US *University of Baguio, Philippines *University of the Bahamas *University of Ballarat, Victoria, Australia *University of Baltimore, Maryland, U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Institute Of Design
The National Institutes of Design (NIDs) are a group of autonomous public design universities in India, with the primary institute, founded in 1961, in Ahmedabad, with extension campuses in Gandhinagar and Bengaluru. The other NIDs are located in the cities of Kurukshetra, Vijayawada, Jorhat and Bhopal. The NIDs function autonomously under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. The NIDs are recognised by the Department of Scientific and Industrial Research of the government's Ministry of Science and Technology as a scientific and industrial research organisation. The universities are accorded Institutes of National Importance under the National Institute of Design Act, 2014. Institutes The primary institute is located in Ahmedabad with extension campuses in Gandhinagar and Bengaluru. The creation of four additional NIDs was suggested as part of the central government's 2007 Nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RedBus
redBus is an Indian online bus ticketing platform, providing ticket booking facilities through its website and iOS and Android mobile apps. It is headquartered in Bangalore and works like a hub, acting as a medium for a network of more than 2000 bus operators, across the countries of India, Malaysia, Indonesia, Singapore, Peru, and Colombia. It claims to have registered over 180 million trips, with a customer base of over 20 million. In 2018, the company achieved a GMV of , with a 70% share in the Indian online bus ticketing segment. In 2013, redBus was acquired by Ibibo Group. History redBus was founded in 2006 by Phanindra Sama, Sudhakar Pasupunuri and Charan Padmaraju, engineers from the Birla Institute of Technology and Science , who also worked together at various organisations before founding the company. With an initial investment of , the founders began operations in 2006, by tying up with various travel agents for seat reservations through the redBus portal. In t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quikr
Quikr, is an Indian online marketplace and classified advertising company, based in Bangalore, India. It was founded by Pranay Chulet. Quikr has listings in over 1000 cities in India in categories such as mobile phones, household goods, cars, real estate, jobs, services and education. It was founded by Pranay Chulet and Jiby Thomas in 2008. Quikr is a free classifieds and online marketplace that helps users to sell, buy, rent, or discover anything across India. Community members can come to the site to find an apartment to live in, sell their old car, bike, music system, laptop or furniture, promote their small business, find a tuition class or get a break as a model or actor, join a salsa class, get an audience for a local event, buy any item that they might want or have to offer and make new friends while doing all of the above. History Quikr was initially launched as Akshay Mote India in August 1996. Kijiji.in was owned by Kijiji International, an eBay subsidiary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
InMobi
InMobi is an Indian multinational mobile advertising technology company, based in Bengaluru. Its mobile-first platform allows brands, developers and publishers to engage consumers through contextual mobile advertising. The company was founded in 2007 under the name mKhoj by Naveen Tewari, Mohit Saxena, Amit Gupta and Abhay Singhal. In 2008, it was enhanced from SMS-based services to mobile advertising and rebranded as InMobi. In 2011, InMobi became the first Indian unicorn startup company. It has 22 offices in 12 countries across 5 continents and employs around 1,500 people. The company is backed by Soft Bank, Kleiner Perkins Caufield & Byers and Ram Shriram's Sherpalo Ventures. esrnow a raised a total of US$215.6 million in three rounds of funding – US$0.5 million in 2007, US$7.1 million in Series A funding in 2008, US$8 million in Series B funding in 2010, US$200 million in Series C funding in 2011. History InMobi started in 2007, when it was known as ''mKhoj'' (mobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ola Cabs
Ola Cabs (stylized as OLΛ) is an Indian multinational ridesharing company, headquartered in Bangalore. It also operates in other business verticals including financial services and cloud kitchens. A variety of venture capitalists including Softbank have large stakes in the company. In January 2018, Ola extended into its first overseas market, Australia, and launched in New Zealand in September 2018. In March 2019, Ola began its operations in the UK. History In March 2015, Ola Cabs acquired Bangalore-based taxi service TaxiForSure for approximately . June 2015 onwards, Ola users gained access to TFS cabs via the Ola mobile application. Later in the year in November, Ola further acquired Geotagg, a trip-planning applications company, for an undisclosed sum. In a move to expand beyond cab aggregation, Ola acquired struggling foodtech company Foodpanda India with an eye on leveraging the growing food delivery segment business in December 2017. In April 2018, Ola made its sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swiggy
Swiggy is an Indian online food ordering and delivery platform. Founded in July 2014, Swiggy is based in Bangalore and operates in 500 Indian cities as of September 2021. Besides food delivery, Swiggy also provides on-demand grocery deliveries under the name Instamart, and a same-day package delivery service called Swiggy Genie. History In July 2014, the two founders, Sriharsha Majety and Nandan Reddy, designed an e-commerce website called Bundl to facilitate courier service and shipping within India. Bundl was halted and rebranded to enter the food delivery market. At the time, the food delivery sector was in turmoil as several notable startups, such as Foodpanda (later acquired by Ola Cabs), TinyOwl (later acquired by Zomato) and Ola Cafe (later closed) were struggling. Majety and Reddy approached Rahul Jaimini, formerly with Myntra, and founded Swiggy and parent holding company Bundl Technologies in 2013. In early 2019, Swiggy expanded into general product deliveries un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myntra
Myntra is a major Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart. In May 2022, Myntra launched an express delivery service on its app to offer one of a kind of experience by fashion & beauty platform. This service allow shoppers to receive their orders for products marked with ‘M-express tag’ on the listing page within 24–48 hours of purchase. History Established by Mukesh Bansal along with Ashutosh Lawania and Vineet Saxena; Myntra sold on-demand personalized gift items. It mainly operated on the B2B (business-to-business) model during its initial years. Between 2007 and 2010, the site allowed customers to personalize products such as T-shirts, mugs, mouse pads, and others. In 2011, Myntra began selling fashion and lifestyle products and moved away from personalisation. By 2012 Myntra offered products from 350 Indian and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flipkart
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products. The service competes primarily with Amazon's Indian subsidiary and domestic rival Snapdeal. As of March 2017, Flipkart held a 39.5% market share of India's e-commerce industry. Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of Myntra, and was described as being "neck and neck" with Amazon in the sale of electronics and mobile phones. Flipkart also owns PhonePe, a mobile payments service based on the UPI. In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. Flipkart is valued at $37.6 billion as of 2022. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mindtree
Mindtree Ltd was an Indian multinational information technology services and consulting company, headquartered in Bangalore. It is a part of the Larsen & Toubro Group. Since its foundation in 1999, the company has employed over 38,518 employees. The company deals in e-commerce, mobile applications, cloud computing, digital transformation, data analytics, Testing, enterprise application integration and enterprise resource planning, with more than 307 active clients and 43 offices in over 18 countries, as of 31 March 2019. History In August 1999, Mindtree Consulting Private Limited was founded by ten IT professionals, three of which invested through an entity incorporated in Mauritius. It was funded by the venture capital firms Walden International and Sivan Securities, and received further funding in 2001 from the Capital Group and Franklin Templeton. It became a public company on 12 December 2006 and was listed on the Bombay Stock Exchange and National Stock Exchange. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wipro
Wipro Limited (formerly, Western India Palm Refined Oils Limited) is an Indian multinational corporation that provides information technology, consulting and business process services. Thierry Delaporte is serving as CEO and managing director of Wipro since July 2020. Wipro's capabilities range across cloud computing, cyber security, digital transformation, artificial intelligence, robotics, data analytics, and other technology consulting services to customers in 167 countries. History of Wipro Early years The company was incorporated on 29 December 1945 in Amalner, India, by Mohamed Premji as Western India Vegetable Products Limited, later abbreviated to Wipro. It was initially set up as a manufacturer of vegetable and refined oils under the trade names of Kisan, Sunflower, and Camel. In 1966, after Mohamed Premji's death, his son Azim Premji took over Wipro as its chairman at the age of 21. Shift to IT Industry During the 1970s and 1980s, the company shifted its foc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infosys
Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. Infosys is the second-largest Indian IT company, after Tata Consultancy Services, by 2020 revenue figures, and the 602nd largest public company in the world, according to the Forbes Global 2000 ranking. On 24 August 2021, Infosys became the fourth Indian company to reach $100 billion in market capitalization. History Infosys was founded by seven engineers in Pune, Maharashtra, India. Its initial capital was $250. It was registered as Infosys Consultants Private Limited on 2 July 1981. In 1983, it relocated to Bangalore, Karnataka. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. It was renamed Infosys Limited in June 2011. An in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
