Chennai has always been known for its automobile and IT industry. The cultural capital of the south sees a presence of a major part of India’s automobile industry. In terms of IT export, Chennai is ranked second in India. It is often seen as the secondary financial hub following Mumbai. One of the fastest growing cities in the world, Chennai is home to more than 20 Indian companies that have a net worth of more than USD 1 billion.
In terms of legacy startups, Chennai has given us Bharatmatrimony. Founded in 1997 by Murugavel Janakiraman, who later met his wife through his own matrimony site, the company has 130 offices in India, with offices in Dubai, Sri Lanka, United States and Malaysia to cater to its customers beyond India. BharatMatrimony is one of India’s largest and most trusted matrimony brands. They were the pioneers in matchmaking and have been early birds in the mobile space with their matchmaking apps on almost all major platforms.
According to software products thinktank iSpirt, at least five Indian product companies have crossed or are on track for a $1 billion valuation, and the list includes one from Chennai. Can you guess the name?
Girish Mathrubootham co-founded Freshdesk.
Sridhar Vembu co-founded Zoho
Sanjay Parthasarathy and Sridhar Venkatesh founded Indix
BankBazaar.com – Started by Adhil Shetty, Arjun Shetty and Rati Rajkumar
OrangeScape – A company with two platform software
Chargebee – Founded in June 2011 by Krish Subramanian, KP Saravanan, Thiyagarajan T and Rajaraman
vakilsearch – Founded by Hrishikesh Datar in 2010
Caratlane – Founded in 2007
Contus – Founded in 2008
Unmetric – Founded by Lakshmanan (Lux) Narayan, Kumar Krishnasami and Joe Varghese
Read more at :- http://yourstory.com/2014/09/startup-city-chennai/