Building a business ecosystem in Coimbatore

Summary

Forbes India profiled Pradeep Menon, founder of Lakshya Cyber Security Labs, in its Startup Hubs special on Coimbatore’s business ecosystem — covering his journey from running businesses in the UAE and the US to building and selling Lakshya to Danish firm Zacco.

Selected insights

• There are a lot of top notch educational institutions here. So, a lot of talent is available, at least at the entry level. There is a cost advantage as well in entry-level hiring, to the extent of about 50 percent as against some of the bigger cities. And attrition is relatively low.