The people starting up, too, are diverse. For example, in a suburb in northern Bangalore, Sankara Reddy, who worked for 15 years at the Indian Institute of Science before turning entrepreneur, has started his latest venture, called Terminus Circuits. With a small team of just nine people now, he plans to develop a solution to provide wireless charging for consumer electronic products. "We want to use our intellectual property to build wirelessrouter-like charging stations," says Reddy.