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.

Advanced Corporate Finance

Angel Investor

High-net-worth individuals who provide early-stage capital to startups in exchange for equity.

Intermediate Entrepreneurship

Burn Rate

The rate at which a startup spends its capital, typically measured monthly.

Intermediate Entrepreneurship

Cap Table

Capitalization table - a spreadsheet showing the equity ownership breakdown of a company.

Intermediate Entrepreneurship

Down Round

A funding round where a company raises capital at a lower valuation than the previous round.

Advanced Entrepreneurship

Global Capability Center

(GCC)

Offshore centers set up by multinational companies for technology development, R&D, and business operations.

Intermediate Technology & IT

HSR Layout

A rapidly developing Bengaluru neighborhood emerging as a new startup and tech hub.

Beginner Entrepreneurship

Koramangala

A neighborhood in Bengaluru known as the epicenter of India's startup ecosystem.

Beginner Entrepreneurship

Manyata Tech Park

One of India's largest IT parks located in North Bengaluru, housing major global companies.

Beginner Technology & IT

NASSCOM

National Association of Software and Services Companies - India's premier IT industry body headquartered in Bengaluru.

Beginner Technology & IT

Outer Ring Road

(ORR)

A major road in Bengaluru that has become a prime IT and commercial corridor.

Beginner Real Estate

Pivot

A significant change in a startup's business model, product, or target market while staying true to its core vision.

Intermediate Entrepreneurship

Product-Market Fit

(PMF)

The degree to which a product satisfies strong market demand, essential for startup success.

Intermediate Entrepreneurship

Runway

The amount of time a startup can operate before running out of money, typically measured in months.

Intermediate Entrepreneurship

Silicon Valley of India

Nickname for Bengaluru, referring to its status as India's premier technology and startup hub.

Beginner Technology & IT

Software as a Service

(SaaS)

A software distribution model where applications are hosted in the cloud and accessed via subscription.

Intermediate Technology & IT

Startup Ecosystem

The interconnected network of entrepreneurs, investors, mentors, and support organizations that foster startup growth.

Beginner Entrepreneurship

Term Sheet

A non-binding document outlining the basic terms of a proposed investment in a startup.

Intermediate Entrepreneurship

Unicorn

A privately held startup company valued at over $1 billion.

Beginner Entrepreneurship

Whitefield

An IT hub in East Bengaluru housing major tech companies and IT parks.

Beginner Technology & IT