Hyderabad, the once-wealthy and princely city of Nizams also known as the “City of Pearls” for its diamond and pearl trade, is now gearing up to become India’s top startup hub.
Hyderabad is home to biggies like Microsoft, Facebook, Uber and Google in India. Global e-commerce major Amazon also chose the city for its largest warehouse (280,000 sq. ft.), capable of storing about 2 MN products recently.
In September last year, a NASSCOM report showed that close to eight percent of the startup activity in India is happening in Hyderabad. Hyderabad Angels, Accel Partners, Bessemer Venture Partners, 50K Ventures, Rajan Anandan are the top investors that invested in the Hyderabad ecosystem between 2014-2016.
“Sanjay Enishetty, 50K ventures, says that by 2018, the Hyderabad Startup Ecosystem will possibly be bigger than the Bangalore Startup Ecosystem.”
In the back drop of this, iSprout, an entity providing inspiring work spaces has joined the startup eco system, to support start up and small business ventures.
iSprout, has been promoted by experienced business professionals and women entrepreneurs, with the aim of providing Space as a Solution, with options to choose a work space, as per the requirement of each business.
Business conducive working environment, top class infrastructure, trained front office support, break out areas, recreation cum cafeteria and other amenities make iSprout, a better place to work from.
Mentoring the new businesses, extending need based professional services in the areas of business advisory, governance, structuring, finance, accounting, tax, GST and payroll are some of the unique features of iSprout.