Do you want to start a business venture but are puzzled about what it should be? Here are 25+ business ideas in Karnataka.
Karnataka is one of the leading industrialized and progressive states in India. It is also among the top-performing states in terms of economic development and contribution to the country’s GDP.
Here is why Karnataka is the haven for people who want to start their own business:
1. Bangalore, the Silicon Valley of India is the home to most of the IT companies out there in India.
2. Karnataka’s GDP in the financial year 2021 is more than 16 trillion Indian rupees. With the help of the chart below, you can easily see that every year the GDP of Karnataka is growing steadily.
3. In 2019, Karnataka was the top performer on the Startup India List.
4. Karnataka government has set up 47 innovative hubs, 6 centers of excellence, and 5 technology business incubators. These 58 centers aim to promote the startup culture and help aspiring entrepreneurs build their businesses.
So what are you waiting for? This is the best timeframe to start up your own business and contribute to the Make in India and Made in India initiatives by the Government of India.
In this article, we have provided a list of innovative ideas; you can easily start your entrepreneurial journey by implementing the same.
- Small Scale Business Ideas in Karnataka
- 1. Software firm
- 2. Online bakery
- 3. Gadgets shop
- 4. Organic food store
- 5. Real estate agent
- 6. Automobile repair services
- 7. Tiffin service
- 8. Daycare/Childcare business
- 9. Start an E-Pharmacy
- 10. Grocery store with a delivery service
- 11. Handyman services
- 12. Recruitment firms
- 13. Research-based business
- 14. Online fitness instructors
- New Age Business Ideas in Karnataka
- How Dukaan Can Help You Build Your Business?
Small Scale Business Ideas in Karnataka
If you are looking for some innovative ideas to start a small-scale business in Karnataka, here are some of the best ones to help you get started.
1. Software firm
Karnataka is at the center of the technology hub in India. So if you are a good programmer and know a few other experts with whom you can work, here’s your opportunity to start a small software firm.
The only investment you need is a website that represents the services your company intends to provide.
2. Online bakery
If you are passionate about baking, start an online bakery.
In the initial phase of starting an online bakery, you can save on resources like renting a space, furniture, etc., as you can efficiently run a small bakery business from your home.
If you are unsure about how to go about starting your online business, this video will walk you through it step-by-step. You can see how easy it is to take any business online with the help of Dukaan.
3. Gadgets shop
Starting an online gadgets shop can be a wise decision with the increasing tech and gadgets market share. You can sell hot in-demand gadgets like smartwatches, wireless chargers, smart headphones, smart bands, etc…
All you need is a website to start this business. You can also tie up with different vendors and delivery partners so that they can assist you in fulfilling the orders. Dukaan can help you set up shop; all you need to do is watch this video.
4. Organic food store
“Health is wealth” is a proverb said centuries back, but it is most relevant in this day and age.
So you can start an organic food store to cater to those who are health-conscious. If you own a small farm or land, you can even cultivate organic items and sell them through your store.
5. Real estate agent
Whether it’s purchasing a property, renting it, or even putting it on sale, all these tasks are a bit painful. Acting as a real estate agent can take away the buyer’s pain. And enable you to earn a handsome brokerage from both the buyer and seller.
Here you will need some good contacts and an excellent network in the real estate industry. You can also make it an entirely digital business by building an online platform that connects both buyers and sellers.
6. Automobile repair services
As the automobile industry grows aggressively, there is no second thought that repair and maintenance services will also simultaneously spike.
If you have expertise in repairing automobiles, you can start your automobile repair services. A ‘pick up and drop’ service from the client’s house for the repairing work will attract more customers.
7. Tiffin service
The demand for home-cooked food is increasing day by day mainly because of its quality and taste. If you are a good cook or you know someone who cooks very well, then you can begin tiffin services.
Here the only thing you will need to crack is the delivery. You also have to ensure that the quality of food you serve is premium. As your potential TAM can be both working professionals and college-going students.
8. Daycare/Childcare business
One of the biggest concerns of working parents is the safety and security of their kids. Start a daycare business immediately if you enjoy being with kids and can handle them with care.
You will need a place where you can run this business. You also need to hire a few helpers to assist you if you intend to grow your business.
9. Start an E-Pharmacy
Ever since the spread of Covid-19, online pharmacies have seen some unrealistic gains.
So you can grab this opportunity and start an e-pharmacy. All you need for this business is a medicine supplier. And a website through which you can showcase the list of medicines you will sell. You can set up your online store with Dukaan. This article will guide you the things you immediately need to action, once you set up your online Dukaan store
10. Grocery store with a delivery service
In the pandemic, people have found comfort in buying groceries online.
So it is a profitable business idea to start a grocery store online. You can list all the items on your website and generate your desired revenue. You can also offer delivery services to your customers.
11. Handyman services
Starting handyman services like plumbing, painting, floor repairing, etc… in Karnataka, can be a profitable bet because of the demographics of the state.
Here you will need a few experts to provide various services. And through your website, you can charge a nominal fee to the clients who need these services.
12. Recruitment firms
Karnataka is the house of thousands of companies constantly looking for highly skilled professionals who can join them and contribute to their growth. So if you have a great network and are ready to take this load from the companies, you can start your own recruitment firm.
Here you can serve both the students looking for jobs and companies on a hunt for professionals.
13. Research-based business
Research and Development (R&D. is one of the essential divisions of any company. If you have the experience and expertise to do the research work for a company, you can start your research-based business. Many startups and small-scale companies generally outsource their research work to reduce the in-house costs, so you will have a good TAM for this business.
14. Online fitness instructors
After Covid-19, everyone wants to feel fit and ensure that they work out daily. But most people don’t have the time to go to the gym or visit a fitness instructor.
If you have the qualifications to become a fitness instructor, you can offer your services through your website and other social media platforms, which will be very easy to start. It will also help you save a lot of money compared to investing in renting an office space and different types of equipment.
New Age Business Ideas in Karnataka
Karnataka is a state full of opportunities in the field of technology and innovation. Below are a few new-age business ideas to help you grow your business in the digital space.
15. Consultancy services
Over the past few years, the consultancy services market has been steadily booming. You can start a consultancy in the field you are an expert in, and then scale up by hiring a few other experts. This will enable you to run a full-fledged consultancy service business.
Placement consultancy especially can be the best option. As Karnataka is the hub for students and companies, making it an ideal environment for the same.
16. Online courses
The online education sector has skyrocketed in the past few years. You can take capitalize on this opportunity and start publishing your courses on various platforms like Udemy, Skillshare, etc… or even on your website.
The investment required in starting this business is low, but you need to make sure that you love teaching others and are an expert on the subject.
17. YouTube channel
Videos are ruling the new-age digital space. Like online courses, you can also start your YouTube channel and earn a handsome amount. The only basic investment you may need is a green screen, a mic, and a video camera to kick start publishing your videos and generating your earnings through ads, brand collaboration, etc…
If you have the potential to write good scripts, you can certainly try scriptwriting. Many YouTubers and course developers hire scriptwriters to write the scripts for their videos.
Here your investment is almost zero as you can work as an independent scriptwriter from anywhere in the world.
Copywriting is an art. If you are a master of this skill, then your clients will pay you whatever you demand because you will play a vital role for the company in creating awareness about their brand and helping them reach their potential consumers.
Here you can work as a freelancer and enjoy writing sales copies from any corner of the world.
20. Graphic designing
What if there would have been no graphics in this article? Would you even read it anymore?
Yes, you are right. We can’t even imagine the text without graphics, and thus, in the digital space, graphic designers play an important role.
So if you are someone who loves designing and can create designs that will help your clients boost their reach, start working as a freelance graphic designer sitting in the comfort of your home.
Becoming a webpreneur in a state like Karnataka has many advantages because it is all about technology and digital infrastructure, which is very easily available here. Being a webpreneur, you can create a website for the best city deals or a website to get local information, etc.
Here your primary focus should be adding value to the local community (i.e., small scale. or broader community (i.e., large scale.. Try to reach as many people as you can through your digital presence.
22. Offer digital marketing services
In the era of digitization, practically every business needs digital marketing services like content marketing, search engine optimization, email marketing, etc… You can start offering digital marketing services through various social media channels and your website.
23. Event organizing
As Karnataka is enriched with IT hubs and various other corporates, the demand for event organizers is always on the rise. Are you good at networking, managing multi-tasking, finding the best venues at affordable rates, meeting various people, organizing performances or events, basically taking the load off your client’s back?
If you love this process, here’s an open door for you. Start your business as an event organizer immediately without hesitation.
24. Offer soft skills training
Suppose you are good at soft skills like public speaking, work ethics, critical thinking, problem-solving, teamwork, professional attitude, etc…, In that case, you can offer soft skills training to working professionals and students who will soon enter the corporate environment.
You can initially start providing training through your website and other social media platforms and then scale it to massive levels as you succeed.
25. Social media strategist
As social media usage has spiked, so are the demands of companies to be on social media and ensure that their brand has enough visibility. Here you can grab a chance to be someone who will manage their brand on digital platforms and ensure that they are ahead of their competitors in serving their consumer base.
As a social media strategist, you will need to have a firm grip over social media platforms to ensure that you get more clients who would like to work with you.
26. Advertising campaign developer
Every company needs to run advertisement campaigns to sell its products and services, and here comes the role of the advertising campaign developer. You can develop and manage advertising campaigns for various companies and earn a very hefty amount in return. Most advertising campaign developers are in high demand because their work will directly impact the company’s sales.
Here you will need to invest a considerable amount of time and effort, but in the end, the results are well worth the investment.
How Dukaan Can Help You Build Your Business?
We are sure by now you may have envisaged your dream idea on which you would like to act and commence your business in Karnataka. So why don’t you pass the pain of building your online presence to us and just focus on how you can improve your efficiency and scale it a notch higher.
Stop thinking; start acting!
Learn more about how you can start your online journey through Dukaan without any technical knowledge and that too in a minute.
Dukaan can help you set up your online storefront at an unimaginably low cost.
Do check out other business ideas in different cities: