Top unicorn founders form group to push Mumbai tech ecosystem
A group of 35 top unicorn and soonicorn startup founders have come together to set up TEAM ( Tech Entrepreneurs Association of Mumbai) – a grouping to promote Mumbai, the financial capital of the country, as a potential base for technology companies across sectors such as fintech, media, gaming, and others.
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The association, which has been registered as a not-for-profit entity, will hire professionals to work along with regulators, policymakers, and various government bodies on issues such as affordable housing, tech talent, and amping up Mumbai’s ecosystem.
Leading the effort is Dream Sports founder Harsh Jain, Haptik founder Aakrit Vaish, among others.
MUMBAI TECH IS BOOMING!!! ????????????These are Mumbai’s Unicorns (25% of Indian Unicorns!) and Soonicorns – only counting… https://t.co/hBppvNH7GX
— Harsh Jain (@harshjain85) 1665668545000
Bengaluru is largely famed for being the startup capital of the country having been able to successfully attract top tech talent with Delhi-NCR region closing in on the second spot.
TEAM is aiming to push for government sops and benefits to make affordable housing available for tech employees, create special economic zones or SEZs in its effort to develop tech zones in Mumbai where cost of living is a big barrier for founders to start their businesses.
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