{"id":1550,"date":"2014-01-21T18:16:38","date_gmt":"2014-01-21T12:46:38","guid":{"rendered":"https:\/\/www.askiitians.com\/blog\/?p=1550"},"modified":"2014-01-21T18:16:38","modified_gmt":"2014-01-21T12:46:38","slug":"powai-mumbai-suburb-turns-new-start-hub-india","status":"publish","type":"post","link":"https:\/\/www.askiitians.com\/blog\/powai-mumbai-suburb-turns-new-start-hub-india\/","title":{"rendered":"Powai, a Mumbai Suburb, Turns New Start-Up Hub In India"},"content":{"rendered":"<p><a href=\"http:\/\/www.askiitians.com\/top-engineering-colleges\/iit-bombay\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft size-full wp-image-1551\" title=\"Powai, a Mumbai Suburb, Turns New Start-Up Hub In India\" alt=\"Powai, a Mumbai Suburb, Turns New Start-Up Hub In India\" src=\"https:\/\/www.askiitians.com\/blog\/wp-content\/uploads\/2014\/01\/14.jpg\" width=\"373\" height=\"250\" \/><\/a><b>New Delhi: <\/b>Mumbai is the financial capital of India. It is not surprising then that Powai, one of its eastern suburb, has turned into the new start-up hub of India because of relatively low rent. Housing more than 50 startups, it is India\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s new business hotspot and is seeing mushrooming of upmarket pubs and restaurants too.<\/p>\n<p>Just as Dublin, Tel Aviv and Berlin, Powai Valley is India\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s answer to the USA\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Silicon Valley and London\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Silicon Roundabout as a startup hotbed. Unlike Bangalore and the NCR, startups in Powai are mostly in the Internet or mobile consumer space.<\/p>\n<p>Powai startups are setting a new trend as they are fuelled by the talent from <a href=\"http:\/\/www.askiitians.com\/top-engineering-colleges\/iit-bombay\/\">IIT Bombay<\/a>. This gives them an edge over business located in other cities.<\/p>\n<p>There is a group of angel investors too &#8211; Powai Lake Ventures \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 which focuses solely on startups from the area.<br \/>\nThis post was published by <a href=\"https:\/\/plus.google.com\/109449750854720186719?rel=author\" target=\"_blank\" rel=\"noopener\">Aditya Singhal<\/a>, co-founder of <a href=\"http:\/\/www.askiitians.com\">askIITians<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Mumbai is the financial capital of India. It is not surprising then that Powai, one of its eastern suburb, has turned into the new start-up hub of India because of relatively low rent. Housing more than 50 startups, it is India\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s new business hotspot and is seeing mushrooming of upmarket pubs and restaurants [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/posts\/1550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/comments?post=1550"}],"version-history":[{"count":0,"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/posts\/1550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/media\/1551"}],"wp:attachment":[{"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/media?parent=1550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/categories?post=1550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.askiitians.com\/blog\/wp-json\/wp\/v2\/tags?post=1550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}