PUNE

Welcome!
The idea of this report is to highlight the characteris cs that make Pune a natural des na on for Corporate Innova on
Centers and Start­ups. The city has a great mix of educa on, talent, innova on centers, research labs and entrepreneurial
support systems, which provide the basis for all such ventures.
The city is one of the fastest growing IT/ITeS centres in the country and is also home to some of the largest mul na onal and
Indian product companies across sectors including Financial Technologies, Payments, Security, 3D Imaging and Big
Data/Analy cs. Pune is also a hub for Manufacturing and Automobile industries.
The city has seen a number of the top venture capital firms flocking to the city and inves ng in many start­ups, some of them
well on their way to going public. Nexus Venture Partners has made more investments in Pune than in any other Indian city.
Despite all this, none of the top VCs have their staff or offices based out of Pune.
While we all take pride in having contributed to make Pune one of the best start­up des na ons, we also feel that Pune has
not go en its fair share of recogni on as one of the best des na ons for start­ups in the country.
This report will help entrepreneurs from Pune to understand the kind of support available to them. We also hope that it will
act as an informa ve resource for entrepreneurs in the rest of the country as well as abroad, inspiring them to move to the city
to fulfill their entrepreneurial dreams.
While IIM­Ahmedabad’s CIIE has taken the lead in pu ng together this report, it is a collabora ve effort, which reflects the
spirit of Pune’s start­up ecosystem. A number of individuals and organisa ons including PuneTech, TiE Pune, SEAP,
NASSCOM and POCC, have made this report possible.
We hope to keep this effort alive by bringing out periodic updates, both online and offline. We would like to extend our
invita on to all ecosystem partners, investors, corporates, start­ups and individuals to reach out and help in making the
future versions of this report richer and be er.
-- Maneesh Bhandari, Sunil Nikhar, Gaurav Mehra, Vaibhav Domkundwar (Angel investors in Pune)
THINK PUNE REPORT 2014
chejad@gmail.com
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