“I spent 6 months in Bangaluru and I was in the fool …”: The head of the Bitcoin Fund 7 reasons why City A GoldMine lists

Alessandro Palumbo, co -founder and executive director of an uncomfortable box, spent six months in Bangaluru and moved away from persuading that this city is a power to watch.
In a series of reflections on X, it acquired both unarmed chaos and an indisputable momentum that determines the silicon valley in India.

He wrote that the transformation of Bangaluru is not a coincidence. One day, the sanctuary of calm retired people developed from the sixteenth century to a British Canton before they appeared as a technical power. The shift began in 1981 when Infosys planted its roots, and by the nineties, the city exploded to the leading technology center in India. Today, it includes an environmental system to start operating with a value of $ 158 billion, home to more than 40 lonely and 66 % of information technology exports in India.

No. 21 around the world in 2024, Bangaluru is not just an Indian success story. “It is an relevant platform that draws eyes from the Silicon Valley to Schuntine.” It was shocked by the huge talent size: more than 100,000 engineers graduate annually, and more than 400 research and development centers, including the largest facility in Samsung outside Korea and Ai Labs.

This density of talent makes Bangaluru indispensable. “This is why 80 % of the global information technology offices in India here – the gold talent that has been built for decades,” he pointed out.

He says that the city has become a land of reproduction for startups of one billion dollars. Flipkart, Byju’s and Decacorns calls for Bengaluru Home, which prompted an environmental system that raised $ 10.8 billion in 2022. In February 2025, Bangaluru led the financing wave of $ 1.65 billion. “It is the unicorn factory,” says Palumbo.

Besides startups, Bangaluru is an economic engine, leading 66 % of information technology exports in India. Amazing numbers – $ 76 billion in software export alone. With the generation of 31 % of the country’s gross domestic product despite only 20 % of the population, Bengaluru sits at the heart of the digital economy in India.

Palumbo sees Bangaluru’s possibilities for international businessmen. Allowing 100 % foreign ownership under foreign direct investment rules, direct trips to major technology centers such as San Francisco, London and Singapore, and the cost of living is approximately 50 % lower than Western cities, the city has become more attractive. “The English language is common, and policies prefer startups – for strangers,” he pointed out.

As India aims to a $ 1 trillion technical economy by 2030, Bangaluru leads this charge. Government initiatives such as the VC Fund are of 100 rupees for AI and EVS and $ 50 for deep emerging operations in the field of technology. Balumbo wrote: “I felt aspiration: This city is wireless for the future.”

Bangaluru’s ascension is not smooth. It fights the infrastructure to keep pace, and the traffic is unabated. “But a $ 10 billion metro, and 100,000 engineers graduating annually,” noted. The city’s dynamics reminded him of the pre-extensive China. “I remember the passage of the same street in Uber and almost two weeks. See new stores and restaurants.”

However, the contrast cannot be denied. Some areas remain lagging, and they are an unavoidable fact. However, for the right person, he sees Palmbo an enormous opportunity. “In Bangaluru, chaos and opportunity collides,” and concluded.