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Top 10 Business Opportunities in Bangalore

Are you planning to start a business in Bangalore? It is a hub where you can find a lot of software based business opportunities and also a lot of arts and dance classes. You can start your own business ideas in Bangalore and make a considerable profit within a short period of time. This article talks about profitable business ideas in Bangalore.

Best Business Ideas & Opportunities in Bangalore:

Below is the list of 10 small ventures that require less investment while giving better ROI with a potential for rapid growth!

  1. Organic shop or health product shop
  2. Moped or bicycle rental shop
  3. Event management services
  4. Software classes
  5. Coffee shop or cafe
  6. Telecom consultancy
  7. Talent hunter or recruitment service
  8. Travel guide with agency
  9. Confectionery and bakery
  10. Delivery services

1. Organic shop or health product shop

Investment ₹1,00,000 to ₹2,00,000
ROI1 year
Profit₹10000 to ₹20000

Bangalore is filled with people who are seeking health food products and organic items. If you are ready to invest considerably in procuring high quality products, you can catch the market in no time. The main expense is procuring the right inventory. You would obviously need a good brand name and home delivery service. In the hustle city life of Bangalore, people would always prefer a business with an online store and free home delivery. You can reduce the time taken for breaking even, if you could merge with any fitness studio or gym.

2. Moped or bicycle rental shop

Investment₹1,50,000 to ₹250000
ROI1 year
Profit₹20000 to ₹30000

Are you aware of the number of tourists who visit Bangalore every year? You would be aware of current traffic in the city. People usually opt for renting mopeds or cycles for a week or so. Thus, if you are able to portray your business in association with tourism, you can easily increase your business opportunities. Moreover, there are a lot of people who are ready to take up cycling to reduce their weight or stay fit. You can associate your rental shop with a fitness club or create any event to increase the popularity of your store.

3. Event management services

Investment₹50,000 to ₹80,000
ROI2 months
Profit₹5,000 to ₹15,000
new business opportunities in bangalore
Image Credit: Wikipedia

This is a business that you can start with very less capital. If you have a good network of various service providers like caterers, decorators, orchestra and others, you are on business. Bangalore is a place where there is always some event happening. Most of the corporate events are outsourced to event management companies. The speed of growth depends on type of projects you get.

4. Software classes

Investment₹60,000 to ₹1,00,000
ROI2 to 3 months
Profit₹20,000 to ₹40,000

Bangalore is the hub of software companies. A large crowd of youth is desperately trying to get into a corporate job. You can make profitable business ideas out of this desperation. Lease a few computers, chairs, desks and a blackboard. If possible, you can turn a room in your house into classroom. This would reduce the initial investment. Start a class that teaches important software and programming languages to students.

5. Coffee shop or cafe

Investment₹4,00,000 to ₹6,00,000
ROI3 years
Profit₹20,000 to ₹40,000

People in Bangalore love coffee. More than this, people are in search of a formal place where they could talk business or have a small get-together with friends. If you are able to provide a good ambience, different types of coffees and other delicacies, you can stick to this market. Increasing your business opportunities depends upon the type of promotional activities you conduct in favour of your shop.

6. Telecom consultancy

Investment₹50,000 to ₹1,00,000
ROI6 months
Profit₹10,000 to ₹30,000

The city is filled with software companies, you can start up a telecom consultancy for companies which are ready to outsource their marketing processes. Most of the telecom consultancies are paid per revenue generated. If you are ready to spend a considerable amount in hiring candidates, you can generate good revenue. Your growth depends upon type of projects you get and the output you provide.

7. Talent hunter or recruitment service

Investment₹40,000 to ₹80,000
ROI6 months
Profit₹5,000 to ₹15,000

With many companies operating in the city, need for recruitment is very high. You can start a business where you prepare testes, assessment exercises and other recruitment processes to shortlist candidates for companies. If your candidates get selected in the company, you would get a commission from them. You can also get a monthly fee from candidates.

8. Travel guide with agency

Investment₹1,50,000 to ₹2,50,000
ROI1 year
Profit₹20,000 to ₹50,000

A lot of tourists visit Bangalore. You can create a business where you customize trips for the tourists. You need to invest largely in transportation. You need to maintain a network with hotels, tourism attractions and others. Your online presence is very essential and you need to spend considerably on creating a good and informative website.

9. Confectionery and bakery

Investment₹1,00,000 to ₹2,00,000
ROI1 to 2 year
Profit₹10,000 to ₹25,000

No matter what city it might be, chocolate and baked goods are always people’s favourite. Equipment for preparing the baked goods and other products are costlier and thus, initial investment is very high. If you are ready to invest more, you can add home delivery services to your clients to increase your business opportunities in Bangalore. If you can produce high quality products, you can break even within a very few months.

10. Delivery services

Investment₹2,00,000 to ₹5,00,000
ROI2 to 3 year
Profit₹40,000 to ₹50,000

If you have noticed the other business ideas in this article, you would have understood that home delivery service is the best way to attract customers. Why don’t you start a business from that aspect? Lease a few trucks or other vehicles at cheaper rate. Develop an online store that provides home delivery of fresh food items. Create a network with farms in the city and start your online grocery story. If you are able to advertise and reach many customers, you can break even easily with economies of scale.

summary

Bangalore is a place where there are many small and medium scale businesses functioning. You need to be both creative and resilient to run a business successfully. All these ideas are tailor made for environmental elements of this city. If you are planning to adapt it to any other city, take into consideration all the factors that might affect your business now and in near future.

Sadiq Iqbal

Sadiq Iqbal is the Lead Author, Editor and Head of Operations at Business Definer. Sadiq has a Masters in Business Management as well as years of experience, working in various business management roles at multiple organizations. Since joining Business Definer, Sadiq has helped numerous founders and business aspirants solve their most difficult problems and get their entrepreneurship dreams kickstarted.