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The software industry in Karnataka state in India has become one of the main pillars of the state's economy.Karnataka stands first among all the states of India in terms of revenue generated from software exports, accounting for 42% share of all software exports from the country during the financial year of 2022-2023.
Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State [1] of Karnataka, accounting for 98% of the Software Exports of the State. The estimated Metro GDP of the city is around US$300 billion, with a Metro GDP Per Capita of roughly US$25,461 in 2021
Karnataka is the leader in the information technology sector in India and its capital, Bengaluru, is known as the Silicon Valley of India. In the IT sector, Karnataka generated a total revenue of ₹ 516.5 billion in the financial year 2006–07 which included ₹ 487 billion from software exports and ₹ 29.5 billion from hardware exports. [29]
Free software in India; Free software in Kerala; Free Software Users Group, Thiruvananthapuram; Swathanthra Malayalam Computing; Free Software Foundation of India; Free Software Foundation Tamil Nadu; Free Software Movement of India; Free Software Movement of Karnataka
Software industry business models include SaaS (subscription-based), PaaS (platform services), IaaS (infrastructure services), and freemium (free with premium features). Others are perpetual licenses (one-time fee), ad-supported (free with ads), open source (free with paid support), pay-per-use (usage-based), and consulting/customization services.
FSMK has conducted four major activities after the 2010 National Conference. Free Software Movement-Karnataka and Reva Institute of Technology conducted a State Level Convention for Academicians on Free Software in Research and Teaching in Bangalore. It was a two days convention on 11 and 12 March 2011. [8]
The company was launched in 2014. [1] Its name, Vedantu, is derived from the Sanskrit words Veda (knowledge) and Tantu (network). [2] The organization is run by IIT alumni Vamsi Krishna (co-founder and CEO), Pulkit Jain (co-founder and head of product), Saurabh Saxena (co-founder) and Anand Prakash (co-founder and head of academics).
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