Bangalore’s hyperactive economic scenario makes it one of the major economic centers in India, and at the same time it’s a heaven for those who want to start their own business. With extensive business opportunities and economic stability, anyone with a valuable business idea can setup a highly profitable business here.
Forbes considers Bangalore as one of “The Next Decade’s Fastest-Growing Cities”, which means the faster it grows the faster small businesses will grow. Bangalore is also knows as the Silicon Valley of India because of the large number of information technology companies here and of course we cannot forget the fact that Bangalore is the third largest hub for high-net-worth individuals and is also home to more than 10,000-dollar millionaires and about 60,000 super-rich people!
The facts above are good enough to motivate anyone in Bangalore to start their own business, however it is also important to know what works best here. So, below is the list of some of the most popular and easy to setup business ideas for Bangalore.
1- Grocery Store with Delivery Service:
Busy city means busy people and something that saves their time has great business potential. Start a small grocery store with delivery option, or even you can have special pricing from local grocery store if you don’t have enough budget to set up one.
2- Healthy Fast Food:
Busy life in Bangalore compels people to eat fast food, but they also want to stay healthy. Think of a healthy fast food shop in a busy location or else available on doorstep.
Since a large population in Bangalore is most concerned about their health, they love buying organic. If you own a small or large area for cultivation, or you can rent one, starting organic gardening is one of the profitable ideas. You can grow and deliver at doorstep for their best experience and your profits.
5- Small Bakery:
Let it be a small town or a large metropolis, Bakery is an evergreen business. You may find a lot of them already operating, however with a twist you can enter in the market and grab your share, by offering custom cakes, fast delivery, taking large orders, partnering with corporate for bulk orders and so on!
6- Home Cooked Food Delivered on Doorstep:
Desiring for freshly cooked homemade food during lunchtime is common among working class and there’s a large population in Bangalore that would love the idea!
Let it be a business, religious or personal event, they all need the best catering. Starting one will surely need investment, but it’s not that high!
8- Bed & Breakfast:
If you are owner of a big property and have many extra rooms in your house then consider letting them out to the tourists. This will help you to earn quick cash for your unused space. This is more apt in case the property is located in cultural heritages lush landscapes, airport and places of tourist interests.
Majority of the paying guest services lack professionalism and if you are able to do it right, it can transform into a good business for you.
10- Hostel for Students/Working Individuals:
Bangalore hosts a large population from other parts of India. Thus, providing a hostel for students or working individuals sounds a nice business idea.
11- Souvenir Shop:
Bangalore is one of the most important tourist destinations in the state of Karnataka and tourists love to take small souvenirs back home. Explore the handicrafts industry and setup your own cool business.
12- Luxury Travel Deals & Discounts:
Busy life, hectic work routines and other day to day tensions make people fed-up and exhausted and so they need a break. Offer them something that refreshes them and get your share of profit!
13- Real Estate Brokerage:
People looking to change accommodation, new residents, people leaving the city and business owners looking for commercial spaces always need real estate advisors and brokerage services. Though there’re many already operating in Bangalore, offering a unique service that reduces their hassle can be a highly profitable business idea!
The rich do not have time to manage their property but they do have money to give someone to do so! If you’re good at dealing in property related matters, start your own property management firm!
15- Day care/Childcare Business:
The biggest concerns of working parents in Bangalore are the safety and security of their kids when they are away for work. Thus, day care center provide the best option for them. Not only does it ensures the child is safe but also make them learn good things. If you own a big house or can rent one, childcare startup should be the ideal business for stay at home moms!
16- Cleaning Services:
It’s not just the commercial cleaning business that is growing faster, but household need the services equally. As people are getting so busy with their professional lives that there is hardly any time to look after home and thus in such circumstances that option of maids and cleaning service comes handy and affordable. Establishing such a company is easy and can prove quite successful within a short time frame.
17- Handyman Services:
Handyman services are something every household needs and of course the commercial buildings too need it often. There is a big market and huge and you can easily start these services with just a couple of people by your side. All you need to do is to find a densely populated area and start your services immediately.
Contrary of what many people believe, flowers aren’t just for Valentine’s Day, they are used in great quantities everyday throughout the world. People love to celebrate with flowers and being available to them for flowers delivery online and via single call is a great business!
Everyone loves to give and receive gifts but often budget constraints do not allow. With a budget gift shop you allow more people to enjoy the occasions and so you get more profits!
20- Dry Cleaning Service:
Like cooking and cleaning, laundry is yet another tedious and time consuming task for working class and you will see large population always finding ways to avoid it as much as they can. Here a dry cleaning business creates opportunity.
21- Mobile Hair Salon:
Imagine a van with hair salon right in front of a big business center! People are so busy that at times they cannot afford going for a haircut! Sole their problem and make your profits!
22- Beauty Parlor:
It’s probably one of the evergreen business idea, because women love to look good in just any season! It may need a good investment, but starting small from home can be better idea when you are on tight budget. Or even, you can start an on demand beauty parlor by offering home services.
23- Shoes & Handbags:
Try to browse sites like DHgate.com, Alibaba.com and others. The items like handbags and shoes are very popular and in high demand, especially in the working class.
Though it’s more of ladies tailoring, a huge male population also wants the services. Starting such a business with a partner whereby one is specialist in ladies tailoring while other is best at men’s clothing can be profitable!
25- Photography & Videography Business:
Showcase your photography skills with quick portfolio or do some voluntarily photography at various wedding and corporate events to get noticed.
26- Home Based Gym:
If you’ve a spare room in your house and can invest in some machines, home based gym is one profitable business idea, however your training shall be class apart.
Let it be tutoring primary classes or college students, the potential is always there if you are good at explaining the concepts!
28- Mobile Phones/Gadgets Repair:
A large section of people who do not buy new device or gadget till the time they have a working device in their hand would love this service Though there’re too many existing already, why not to promote your business online, get reviews and become an authentic repair company!
29- Tech/Gadgets Shop:
There is a big market for tech and gadgets at every place throughout the world and thus opening a business which sells tech products is a smart choices. Irrespective of the type of business, it will require PCs and its accessories.
30- Online Retailing:
Buying products from a wholesale market and then selling the same online is good money making proposition. You can take use of ads to find new customers. You just need to brainstorm what people may be looking for.
Becoming one in a city like Bangalore is none too difficult, because it has all the technology and infrastructure to let you explore the web and build up your own empire online. Let it be a local information website, city deals website or just anything that creates value for locals or for a broader community, bring it on!
32- Software Firm:
Being one of the major technology hubs of India, Bangalore is the most fertile ground for software companies to grow. If you’re a good programmer and or have a couple of more experts with you, you can actually setup a fast growing software company in Bangalore.
33- Online Shop:
The technology is making lives of just everyone and in Bangalore, people are making most out of it by shopping online. You can setup an online shop, however what you sell will require you to do some research, i.e. grocery, clothing, accessories, digital goods, luxury items etc. You can always consider dropshipping business model to save setup costs.
34- Recruitment Agency:
Just like any other big city, people in Bangalore are always looking for the best opportunities, so a recruitment agency can always attract a large population, no matter how many recruitment firms are already working there!
35- Event Management Company:
Yes, busy cities have too many events and so people always find the event managers too busy. Same is the case in Bangalore if full of event management opportunities. Let it be the first birthday party, a fundraising event, fashion show, product launch or a concert, they all happen too frequent in Bangalore!
36- Fashion Boutique:
People in Bangalore love staying stylish and so they love to try everything that is actually good. If you are a fashion designer who want to be known for your work, do start a boutique. You can start one online even, work at home and display online. Advertise on Facebook and get your customers.
37- Mobile Auto Workshop:
hundreds and thousands of vehicles travel on the roads of Bangalore every day and many break up right on road. A mobile workshop that reaches on spot just on a single call is surely a valuable yet profitable business idea.
38- Monthly Car Wash Service:
So many people bringing their cars to work find their cars dirty every day, and the busy office commitment cannot allow them to go out and get the car washed even once a week. Offer them a monthly package whereby you take their car from office, wash it and park it back. It’s not just potentially good business but can also be grown rapidly!
39- Storage Services:
Since, many small business in Bangalore operate from very small workspaces they do not have much space to store their records and other stuff that is not needed on daily basis. Offering them a storage space on budget price is a win-win for both the parties. You can start such a business from home even if you own a big house with many unused rooms.
40- Insurance Broker:
To meet the ever growing demand of the insurance sector, you can act as an insurance company agent and earn your share of profit.
About Author: Anjali Bhatia
Anjali has more than a decade of experience in the field of Human Resources. She loves to read and write about HR, startups, personal finance and doing business.