Bengaluru Business & Economics Terms
Silicon Valley of India - IT hub, startup ecosystem, and business terminology specific to Bengaluru.
Acqui-hire
An acquisition primarily intended to recruit the target company's talented employees rather than its products.
Angel Investor
High-net-worth individuals who provide early-stage capital to startups in exchange for equity.
Burn Rate
The rate at which a startup spends its capital, typically measured monthly.
Cap Table
Capitalization table - a spreadsheet showing the equity ownership breakdown of a company.
Down Round
A funding round where a company raises capital at a lower valuation than the previous round.
Global Capability Center
(GCC)Offshore centers set up by multinational companies for technology development, R&D, and business operations.
HSR Layout
A rapidly developing Bengaluru neighborhood emerging as a new startup and tech hub.
Koramangala
A neighborhood in Bengaluru known as the epicenter of India's startup ecosystem.
Manyata Tech Park
One of India's largest IT parks located in North Bengaluru, housing major global companies.
NASSCOM
National Association of Software and Services Companies - India's premier IT industry body headquartered in Bengaluru.
Outer Ring Road
(ORR)A major road in Bengaluru that has become a prime IT and commercial corridor.
Pivot
A significant change in a startup's business model, product, or target market while staying true to its core vision.
Product-Market Fit
(PMF)The degree to which a product satisfies strong market demand, essential for startup success.
Runway
The amount of time a startup can operate before running out of money, typically measured in months.
Silicon Valley of India
Nickname for Bengaluru, referring to its status as India's premier technology and startup hub.
Software as a Service
(SaaS)A software distribution model where applications are hosted in the cloud and accessed via subscription.
Startup Ecosystem
The interconnected network of entrepreneurs, investors, mentors, and support organizations that foster startup growth.
Term Sheet
A non-binding document outlining the basic terms of a proposed investment in a startup.
Unicorn
A privately held startup company valued at over $1 billion.
Whitefield
An IT hub in East Bengaluru housing major tech companies and IT parks.