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Tech Edge, Good Weather, Pub Culture Weave Magic Charm
WHEN US-born Sean Blagsvedt packed his bags to move with Microsoft
Research in Bangalore five years ago, little did he know that India
would become his second home. After a three-year stint at Microsoft,
creating solutions for emerging markets, Sean realised that his
calling lay elsewhere. I liked India. But, India is a place
where it is impossible to deny that some people are lucky. The inequity
and unfairness bugged me, says the 33-year-old technologist,
who believes that computers have an ability to change lives. And
babajob.com, a portal for blue-collared jobs, was born when Sean
Blagsvedt quit Microsoft in 2007. So far, Sean Blagsvedts
babajob.com has facilitated 900 employments in the blue-collared
job space.
Seans case is not a rare one. Bangalore, the tech and ideas
hub of India, is full of expats with ideas and the energy to chuck
a well paying job and start their own venture. And a resurgent and
confident India is providing them opportunities. India chose
us. We did not choose India, says Chris Baker, who promoted
Bangalorebuddy.com.
Historically, the city has been a favourite with MNCs and expat
professionals thanks to its salubrious weather, technology edge
and pub culture. The tech boom provided a lot of opportunities for
westerners to come, stay and work in Bangalore. Many of them, it
appears now, dont want to go back. Jean Michel Jasserand quit
Leela Palace Hotel to start his own Italian bistro chain Toscano;
Italian chef Paolo Nonino has started restaurants Via Milano and
Colonial in the city.
Expatriates give credit to Bangalore
DR THOMAS Binford has made Bangalore his R&D base to develop
handwriting recognition technologies; Laila and Chris Baker, who
earlier worked in a foreign bank in India, have started a recommendation-based
directory service, bangalorebuddy.in, to smoothen relocation into
the city; Japanese Masamichi Kawagome, former managing director
of KVH (IT solution provider to Fidelity Investments Japan), has
set up Geocom Consulting in Bangalore to enable companies from his
homeland to set up base in India; Footprint Ventures, an early stage
fund based out of India, is started by Neill Brownstein, a cofounder
of Bessemer Venture Partners. Footprint has investments in online
digital photography firm Canvera, a bus ticketing firm Ticketvala
and restaurant chain Mast Kalandar.
Some experts ET spoke to grant credit to the city that clearly has
much more to it than the weather. Manish Sabharwal, chairman, Teamlease
says, Bangalore has always been the ideas hub of India. The
labour market here has been very liquid and fungible with people
moving back and forth. Bharti Jacob, CEO, Seed Fund says,
It is about people who worked here, loved the city and decided
to make a go for it. At one point, most global professionals wanted
an India stint on their CV and they would end up in Bangalore. Perhaps,
this was the next extension. Bangalore is less harsh to startups
and is a very cosmopolitan city. Anand Inbanathan, associate
professor of sociology at the Institute for Social and Economic
Change says, Bangalore has established itself as a destination of
choice for employment opportunities. After a few years in the city,
these professionals may have chosen to stay back longer, he adds.
So, what is it that was the real trigger for some of these individuals
to set up shop in Bangalore, far away from their homes? The common
thread is that they, like any entrepreneur, spotted a business opportunity
and liked India enough to take that risk. And, Bangalore topped
the index of suitability, as Laila Baker says it easily, We
took a shine to Bangalore. It is hospitable, beautiful and friendly.
The Baker duo, who started bangalorebuddy.in, are looking at a pan-India
presence and, currently, they are working on Goabuddy and beachbuddy.
Expats can get verified recommendation on restaurants, plumbing
services to where to buy cheese, says Laila Baker, adding,
foreigners who come to India have little idea about how things
work here.
Others too found untapped niches to occupy in India. If French Jasserand
saw immense business potential in starting an Italian eatery in
Bangalore, Dr Thomas Binford set up Read-Ink in Bangalore, a rich
source of technical manpower. Neill Brownstein, who visits Bangalore
every other month, set up Footprint to invest in markets that are
on the edge of change. We are looking at rapidly changing
markets that are untapped but have high growth potential. We looked
at China, India and Brazil. When we decided on India the one place
we wanted to be in was Bangalore, Brownstein, a US national,
told ET.
For Jean Michel Jasserand, who enjoys digging into butter chicken,
the decision to set up his own chain in Bangalore was easy. I
worked in the Leela for a few years. I came to know the people,
customers and competition. I could get enough information to get
ahead and set up an authentic Italian bistro here. Jasserand,
who has worked in hotels in Hawaii, London, Japan, Korea and the
Middle East, zeroed in on Bangalore because of the huge unmet demand.
Bangalore, with its decisive technology edge and vast manpower potential,
perhaps proved the destination of choice for duo Dr Thomas Binford
and Ione Binford. With about 20 engineers on board, Read-Ink plans
to roll out the first version of its online handwriting recognition
technology soon.
With the increasing number of pen input based devices, highly
accurate handwriting recognition has become the critical element
of the user experience, says Dr Binford.
It is not all hunky-dory for these professionals as Bangalore has
its own challenges. The Binford duo live very close to the office
to avoid commuting hassles. The common angst points are lack of
entertainment options such as an active night life or theatre not
to mention the state of infrastructure. As one expat put it, Instead
of filling the roads with speed bumps, the city would do well with
filling the potholes.
But, refreshingly, they are prepared to expect the unexpected and
take deep breaths to tide over little crises. Jasserand says, It
is up to you to make your life happy or miserable. I have been living
in so many other countries. I see things positively and do not get
frustrated. Adds Sean, who lives here with his stepfather
(also his business partner) and mother, I appreciate the value
of family in India. Family is a deep part of ones life in
India.
J Padmapriya BANGALORE
Source: EC
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