Koramangala losing sheen as start-up hub

Slowing funding cycles and freshers opting for established firms amid slowdown key factors

For 50-year-old P Rajesh, it is not the constant rush of patrons that he misses at his coffee and snacks shop, but the conversations. In the past seven years, he has learnt a lot from the 20-something techies who would frequent his shop in Koramangala, considered the start-up hub of Bengaluru. 

While one Pankaj taught him to send emails to his son in Saudi Arabia, Nisha helped him choose a smartphone, get a 4G connection and learn how to chat on WhatsApp, Rajesh remembers fondly. 

“Initially, I could not understand what exactly they did. I even told a few of