Bengaluru, India’s technology powerhouse, has captivated global attention once again—this time from Alessandro Palombo, co-founder and CEO of Bitcoin advisory firm Bitizenship. In a recent social media post, Palombo praised the city’s innovation-driven ecosystem, listing seven compelling reasons why Bengaluru is a must-watch destination for entrepreneurs and investors.

He highlighted the city’s $158 billion startup industry, emphasizing that Bengaluru contributes 66% of India’s IT exports, generating $76 billion from software alone. The city is home to over 40 unicorns and ranked 21st globally in the 2024 startup ecosystem rankings.

Palombo called Bengaluru a “talent goldmine,” with 100,000 engineers graduating annually and supporting 400+ R&D centers. Tech giants like Samsung and Intel have made it their hub, while 80% of India’s global IT firms have set up offices here. In February 2025 alone, Bengaluru led India’s $1.65 billion funding wave.

With direct flights to major cities like San Francisco, London, and Dubai, plus 100% FDI ownership, the city remains attractive to global players. He noted that the Indian government’s push for a $1 trillion tech economy by 2030 will be led by Bengaluru, backed by a ₹100 crore VC fund for AI and EVs.

Despite its traffic woes, Bengaluru is adapting, with a $10 billion metro project underway. For Palombo, this city is undeniably “wired for the future.”