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Mumbai and Bengaluru are among the most advanced cities in India. Both boast a thriving start-up culture. While Mumbai is the financial capital of the country, Bengaluru is touted as the Silicon Valley of India.
Recently, film producer and investor Natasha Malpani Oswal shared her musings about both cities. Talking about Bengaluru, Natasha said, “The city is an upcoming centre of power as paper wealth converts to real money- but it’s still early as the city transitions from town to thriving metropolis.”
She added, “Bombay, on the other hand, with its multigenerational wealth feels like it’s past its prime, but it’s not going to go down without a fight, and is clawing its way back to its glory days.” Natasha asked her followers to weigh in on the city they would bet on. Her post got over one lakh views and scores of responses.
shuttling between bangalore + bombay frequently has gotten me thinking:bangalore's startup/vc community is doing a great job of creating hype + then turning it into a self-fulfilling prophecy of growth.
the city is an upcoming centre of power as paper wealth converts to real…
— Natasha Malpani Oswal ???? (@natashamalpani) April 12, 2024
An X user described Mumbai as “Bombay is like that 300-year-old castle which stands strong and will continue to stand strong, has only lost shine. Bangalore is a new expressway which will have potholes in 3 rainy seasons, and they will keep rebuilding for 5-10 years.”
Bombay is like that 300 year old castle which stands strong and will continue to stand strong, has only lost shineBangalore is a new expressway which will have potholes in 3 rainy seasons, and they will keep rebuilding 5-10 years
— Garv Malik (@malikgarv) April 12, 2024
Another person placed their bets on Mumbai and wrote, “Silicon Valley’s boom didn’t diminish New York’s allure. It’s a cliched comparison but Mumbai will always remain the city of dreams.’
Silicon Valleys boom didn’t dimish New York’s allure. It’s a cliched comparison but Mumbai will always remain the city of dreams— Nishant Bhide (@NishantBhide) April 12, 2024
Coming to the defence of Bengaluru, an X user wrote, “Like it or not, Bangalore will be growing even more for at least a decade. Mumbai has barely invested in the future (like EVs) and a lot of talent in finance, design and even liberal arts has shifted from Mumbai to Bangalore with no plans to go back.”
Like it or not, Bangalore will be growing even more for atleast a decade.Mumbai has barely invested in the future (like EVs) and a lot of talent in finance, design and even liberal arts has shifted from Mumbai to Bangalore with no plans to go back
— Sujoy Chaudhary (@sujoycd) April 12, 2024
Giving a more balanced opinion, another person wrote, “Somebody said to me Bangalore is where the early stage grind happens. But Mumbai will remain the place the big boys/girls (growth) will remain. With that in mind, Bangalore is the future, Mumbai the present.”
Somebody said to me Bangalore is where the early stage grind happens. But Mumbai will remain the place the big boys/girls (growth) will remain. With that in mind, Bangalore is the future, Mumbai the present.— Pratima Aiyagari (@paiyagari) April 13, 2024
An X user argued that people need to move beyond cities like Mumbai and Bengaluru and wrote, “Neither. Young investors like you need to convince founders that you can’t keep on building in cities which are way past unlivable and uncomputable. You also need to open your mind and realize that there is life and aspirations, hope and solid founders beyond NCR, MMR and BGL.”
Neither. Young investors like you need to convince founders that you can’t keep on building in cities which are way past unlivable and uncommutable. You also need to open your mind and realize that there is life and aspirations, hope and solid founders beyond NCR, MMR and BGL— Badri Parthasarathy ???? | badri.crypto (@mediocremumble) April 12, 2024
Despite their thriving businesses, both Mumbai and Bengaluru grapple with poor public infrastructure such as sub-par roads and unreliable public transport. The cities also have a high cost of living, housing crisis, and growing pollution.
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