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Bhubaneswar the capital city of odisha india has been known for its rich cultural heritage historical significance and religious significance however in recent years bhubaneswar has been making headlines for its rapidly growing startup scene with a population of over 8 million bhubaneswar is located in the eastern region of india and is known for its fastgrowing it sector the city is home to a number of prestigious universities and technical institutions including the indian institute of technology iit bhubaneswar and the national institute of technology nit bhubaneswar this has led to a large pool of skilled tech talent fueling the growth of the startup scene in recent years bhubaneswar has seen a number of successful startups emerge including ola freshdesk and talentedge these companies have established a strong presence in the area attracting other startups and investors to the city despite this growth bhubaneswar still faces a number of challenges according to the indian bureau of statistics the average living wage in bhubaneswar is around rs 20000 per month this is significantly lower than many other major cities in india which can make it difficult for startups to attract and retain top talent additionally the unemployment rate in bhubaneswar is still relatively high hovering around 8 despite these challenges bhubaneswars startup scene continues to thrive this is due in large part to the citys favorable business environment and supportive government policies the government has made a significant investment in the citys infrastructure including the development of an it park and the creation of a number of technology hubs these initiatives have helped to attract new startups and investors to the city overall bhubaneswars startup scene is an exciting and rapidly growing part of the citys economy with a growing pool of skilled tech talent and supportive government policies the city is poised to continue to be a hub of innovation and growth in the coming years
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