Bengaluru
citySilicon Valley of India - IT hub, startup ecosystem, venture capital scene, and business terminology specific to Bengaluru.
20 terms
Unicorn
A privately held startup company valued at over $1 billion.
Startup Ecosystem
The interconnected network of entrepreneurs, investors, mentors, and support organizations that foster startup growth.
Koramangala
A neighborhood in Bengaluru known as the epicenter of India's startup ecosystem.
HSR Layout
A rapidly developing Bengaluru neighborhood emerging as a new startup and tech hub.
Angel Investor
High-net-worth individuals who provide early-stage capital to startups in exchange for equity.
Term Sheet
A non-binding document outlining the basic terms of a proposed investment in a startup.
Runway
The amount of time a startup can operate before running out of money, typically measured in months.
Burn Rate
The rate at which a startup spends its capital, typically measured monthly.
Pivot
A significant change in a startup's business model, product, or target market while staying true to its core vision.
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.
Product-Market Fit
(PMF)The degree to which a product satisfies strong market demand, essential for startup success.
Acqui-hire
An acquisition primarily intended to recruit the target company's talented employees rather than its products.
Outer Ring Road
(ORR)A major road in Bengaluru that has become a prime IT and commercial corridor.
Silicon Valley of India
Nickname for Bengaluru, referring to its status as India's premier technology and startup hub.