Do you also want to do your business in Bangalore and looking for some business ideas which are trending and profitable in Bangalore? So, your search ends here because we will tell you the top 14 profitable businesses which you can start in Bangalore.
Why should one start a business in Bangalore?
The total population of Bangalore is 13.6 million and it is the third most popular city in India. Due to industrial growth, its GDP is very high and there are 25000 IT companies. Along with IT industries, Automobile, Auto Components, Aerospace, Heavy Engineering, Research & Development, Knowledge-Based Industries, Agriculture and Food Processing, Electronics and Telecommunication, Garment and Textiles, Tourism and Cement Industries are also famous in Bangalore. Another advantage of starting a business in Bangalore is that there are more networking opportunities. Due to high competition, there is a more profitable market and highly skilled labourers.
Profitable Business to start in Bangalore :
1) Cultural Exchange Platform
Create an online platform in which people from all the states will connect and exchange information about the programs and customs of their respective states so that people will have love for cultural programs. They will exchange cultural activities of the states. If any person is interested in learning the language of any state, then a certified expert will teach them the language of that state for which he will charge them a fee. You can generate revenue through ads from that platform and can also deduct charges from their fees by registering experts.
2) Pet Care Service
India’s pet care market is growing at an annual rate of 13.9% and it is one of the fastest-growing pet care markets in the world. It is estimated that India’s pet care industry will reach $800 million by 2025. Currently, India’s pet care product market value is $628.15 million.
A survey has revealed that pet owners spend ₹ 4000 per month on their pets and also take care of their grooming and care, but in developed cities like Bangalore, people have pets but they do not have time to take care of them. Then they look for pet care services. There is no reputed pet care service provider yet in Bangalore and across India, so at this time, you can grow your business with a first-mover advantage.
3) Food Van
You will find fast food lovers in every corner of India. There is even more craze for fast food in developed cities like Delhi, Mumbai, Bangalore, Kolkata and Chennai. If you want to start a fast food business with low investment then food van is a better option. The disadvantage of a restaurant or hotel is that we cannot move it.
One solution to this is that we have to increase its branches but it will cost a lot but you can easily move the food van from one place to another. You can park a food van where there is more public traffic. You can earn a good income from food van even outside school or college because there are young children there who are more fond of fast food.
4) Provide Digital Marketing Services
According to 2021 data, India’s digital ad spending was Rs 88334 crore. India is the second largest online market in the world and there are about 900 million internet users in India. Nowadays businesses are also spending more on digital marketing because it is cheaper than traditional marketing and most of the users are on the internet, hence all businesses want to develop their online presence so that people have trust in that brand.
Types of Digital Marketing :
- Content Marketing
- Search Engine Optimization (SEO)
- Pay Per Click (PPC)
- Social Media Marketing
- Affiliate Marketing
- E-mail Marketing
These are some types of digital marketing. If you have expertise in any of these types, then you can generate income by selling your services.
5) Start a PG
Students who live in Bangalore require a room. There are mostly such PGs in which these facilities are not available like Wi-Fi, cleaning service, food service etc. If you prepare a PG for students or working professionals by fulfilling all these requirements, then you will get a high rental yield.
6) Home Cleaning Service
Some working professionals require home cleaning service because their daily routine is very busy and also on any particular event, home cleaning service is required. India’s household cleaning market is projected to grow at a CAGR of 21.4% in the forecast period from 2023 to 2029 to reach USD 29,617.5 million by 2029. After the COVID-19 pandemic, people are paying a lot of attention to hygiene. A home cleaning business can be established in Bangalore as well as in other states.
7) Interior Designing Service
People hire interior designers to design their home or office. India’s interior design market was worth US$ 31.5 billion in 2023. IMARC Group expects India’s interior design market to reach US$67.4 billion by 2032 with a CAGR of 8.81% from 2024 to 2032. If you do not have expertise in interior designing, then you can take the project from the client and deliver it to the professionals and you can charge a commission for it.
8) Virtual Health Assistance
Virtual health assistance will be a profitable business to start in Bangalore. According to the Economic Survey 2022-23, India’s public healthcare expenditure was 2.1% of GDP in FY2022 and 2.2% in FY2023. In developed cities, people’s daily routine remains very busy, which harms their health, but in the last 2-3 years, people have started paying attention to their health. Many people have hired health experts for themselves. Those health experts give them advice according to lifestyle and also tell them diet plans. If you also have health knowledge then you can give virtual health guidance to people.
9) Car Rental
People love traveling but some do not have their car. There can be many reasons for this like they cannot afford it or they invest their capital elsewhere. If they want to go somewhere, they take a car for rent. This business is in great demand in developed cities like Bangalore. You can also run this business as a side business because it does not require much time.
10) Music Academy
The Indian music industry was valued at Rs 24 billion by the end of 2023 and it is estimated that the Indian music industry will reach Rs 37 billion by 2026. The compound annual growth rate of the Indian music industry is 14.7%. The music industry generates a revenue of Rs 12,000 crore every year. According to EY survey, only 56% of the music creators in India have equipment to produce music. Many music lovers want to learn music and are also fond of playing instruments. So considering this trend, a music academy can be a better business idea.
11) Mobile Repair Shop
By 2021, the shipment of India’s smartphone market was 160.70 million units. It is estimated that India’s smartphone market will be 253.28 million units by 2027. Its Compounded Annual Growth Rate (CAGR) will be 7.97% between the forecasted period 2022-2027. Normally, electronic devices may malfunction and there is a risk of breakage. If you know mobile repairing then you can generate income by opening a mobile repair shop.
12) Customized Gifts
People give gifts at festivals, birthdays, weddings or any other celebrations. Nowadays the trend of customized gifts is going on. If it is a person’s birthday/wedding, then his friends/relatives prefer to give him/her customized gifts. There are many products on which we can do customization like :
- T-shirts
- Mugs
- Photo Frames
- Cushions
- Key chains
- Bottles
- Handbags
- Lamps, etc.
If we purchase their raw material in bulk, it will be much cheaper but after being customized, we can sell it at 4 to 5 times of their original price.
13) Online Legal Consultancy
Online legal consultancy is a modern approach to providing legal services. You can give legal advice by connecting virtually with the client. You can connect through a website, mobile app or Zoom call meeting. Its advantage is that you can provide service to your clients from any corner of the world, you just need to have an internet facility. If you are a legal specialist then you can try this business idea.
14) Grocery Delivery Agency
In a grocery delivery agency, you will tie up with grocery shop owners in the local area of Bangalore and will deliver groceries to the number of customers connected with them. For this, initially, you can hire four to five employees in your agency, then as your business grows, you can open your agency in Bengaluru as well as in other states because, with the increasing population, the demand for groceries also increases. In cities, people have very little time because their daily routine is very busy, hence they do not get time to bring groceries, so this business idea will provide satisfaction to the people and will also grow.
