Ukraine is known as a tech hub for many IT companies across the world. The Ukraine’s IT industry consists of around 4000 local IT companies, and more than 110 tech giant companies have their subsidiaries in Ukraine. The companies such as Microsoft, Samsung, Plarium, siemens, Eriksson, Ring, Snap, and Boeing have their R&D sector there.

Kyiv which is the capital city of Ukraine is the startup hub for more than 1000 startups and product companies while other cities of Ukraine are also evolving and turning into IT centers.

Unfortunately, after the invasion of Russia the economy of Ukraine got doomed. Many tech startups and prominent companies originating from Ukraine are planning to relocate from Ukraine.

How is the economy of Ukraine getting affected?

The Russian-Ukraine war has had a catastrophic impact on Ukraine’s economy. The massive destruction taking place in Ukraine will shrink the GDP of the country.

The repercussions of war can be undoubtedly seen in their tech industry, which covers tech startups (small and large ), and research and development offices of tech giant companies.

To limit the damage of the consequences of war, most tech companies are evacuating their staff. Many home-grown startups are also witnessing fallouts, including companies such as Grammarly, an AI-based grammar and writing engine, reface, a face swapping app, Petcube, a pet camera system, Preply, a language tutor marketplace, and PeopleAI, a sales and marketing intelligence firm. These companies have raised funds from some of the biggest venture capitalists in the world, which is definitely going to hamper their relationships and development.

Besides, software development companies such as MacPaw, which develops macOS software and has its headquarters in the capital city of Kyiv, are standing strong amidst the war.

In addition, the biggest tech companies are also contemplating relocating, and platforms such as Google, YouTube, Tiktok, Bytedance, Facebook, and Snap are facing issues due to internet disruptions. Uber, which has been in force since 2016, has paused its operation and is relocating to other parts.

In a nutshell, every company and startup based in Ukraine is prioritizing their staff’s safety and relocating their offices to other places.

Since most companies have announced their plan to leave the country, this mass exodus of technology companies could turn into a crippling economy. Since there are more than 800 employees in Ukraine, many experts believe that this would lead to more offshoring in India or hire offshore developers.

Most of the delivery centers in Ukraine are engineering-focused, so it’s implied that the engineering sector will be badly hit.

Companies are looking forward to hiring coders from Ukraine. Tons of companies have posted job ads for various tech roles on their website called Ukraine’s Remote. Companies are offering incredible support to their employees by covering their transportation and accommodation costs for those who’ve been stuck.

A company called Pitch said that their three employees were stuck in Ukraine, so the company decided to cover all their transportation and accommodation costs, along with a promise to pay three months’ salary.

How India could be considered as a place for relocation

How India could be considered as a place for relocation

Considering India’s initiatives such as Atmanirbhar Bharat, under which the country has aimed to build an indegieous technology stack, The government is investing in the technology stacks, which offer vast opportunities for companies to innovate and develop products.

Also, the country’s vibrant startup ecosystem makes it a favorable place for establishing startups and companies.

The Ukraine crisis has had a catastrophic impact on tech startups. Many experts believe that India’s being a startup hub could be a great option for relocation:

1. Simplified Business Laws

India has lately passed a few business laws which can prove fruitful for startups setting up their businesses in India. Without a doubt, GST has simplified the movement of goods and services. Laws such as the Direct Tax Code Bill, land acquisition, and other laws ease the operations of setting up businesses in India.

2. Low Operation Cost

Most importantly, the operation costs in India are pretty low, which covers the cost of setting up a business such as infrastructure, internet charges, phones, and labor costs, making it one of the most preferable and favorable startup hubs in the world. Also, the cost of incorporating a company is quite low.

3. Abundance of resources

According to research conducted by coding platform, Github, India has become the third fastest growing place for developers. It has around 5.8 million developers and it is estimated that it will grow to 10 million by 2023.

India has become a software development hub due to abundance of resources, increase in innovation and activity. Undeniably, Indian developers are building the future of the software development industry and country. Due to the strong growth of the software industry, investors are more looking forward to investing in software development startups.

If you’re thinking of relocating, then there would be no place better than India due to multiple factors such as low operation costs, ample developers, a strong economy, a supportive government, and simplified laws.

4. Simplified Taxation System

It wouldn’t be right to leave out the taxation system of the country. Most companies relocate from their native countries due to the complex taxation system, which makes it more expensive for incorporation. While in India, the tax regime is moderate and reasonable in comparison to other countries, and the cost-cutting process is also low.

Also, when relocating to any other country, you always have to consider the government of the country. What’s the contribution of the government in the country?

5. Supportive Government

Considering the government’s initiatives, the government of India has introduced tons of effective policies and schemes to ease the flow of foreign investment. The ministry has simplified the rules and regulations of FDI, encouraging the setting up of businesses more conveniently. Earlier, you needed to obtain prior permission from the government, making it a cumbersome process, but now there’s no need to obtain permission.

Also, India’s economy is quite stable and has even achieved high macroeconomic stability in the World Economic Forum.

6. Stable Geopolitical Relations

Geopolitical relations with countries such as Australia, the United Arab Emirates, the United Kingdom, the European Union, Russia, and Canada are quite good. These strong alliance relations have resulted in remarkable GDP growth and a large amount of investment in other companies around the world.

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7. The next silicon valley

Also, India has been a prominent destination for outsourcing software and support services due to its low cost and its labor arbitrage model offers cost-effective solutions for international companies.

The outsourced services are quite in demand, which has significantly led to boosting the country’s economy.

The country’s outsourcing industry is valued at more than $150 billion. An increase in outsourcing has led to technology innovation. This technology transformation is boosting the technology curve in India. The spread of technology in the country is tremendously increasing, making India the third largest start-up ecosystem in the world.

If India’s tech hub continues to grow and expand, then it wouldn’t be wrong to say that India is the next silicon valley. Bengaluru and Gurugram are two tech-savvy countries that have made a massive contribution to India’s rapid urbanization.

Founded in 2017, GraffersID, a top web and app development company, has always been committed to developing the best solutions for our clients. Our dedication to our craft has been the arsenal that sets us apart from the competition. Furthermore, our dedication to pursuing our clients’ feedback and review has also been one of our strongest suits when it comes to improving our services and overall business.

This year, we are very proud to share with all of you of 2021 Clutch year in review. In case you didn’t know, Clutch is a B2B ratings and reviews platform based in Washington, DC. A curated Clutch list consists of the top companies and agencies in different industries!

For 2021, our company was able to receive a total of 7 reviews with a staggering average review rating of 5-star! That’s correct, every review we received from last year was all perfect. We are astounded by this incredible news and we are very proud of this amazing news. Furthermore, 7 out of the 7 reviews we received also showed that our clients were willing to refer us to their colleagues.

To hear more about our clients, here are some excerpts from the reviews we had last year:

Overall, we never faced a difficulty, be it in communication or in hitting milestones. ” Osama Tabasher Malhi , Technical Product Manager, Sirius Support.

The most impressive part of their company was that they understood the project deeply.” CTO, Education Technology Company.

Learn more about GraffersID and the services we provide today! Give us a call and we’ll try to answer all your questions and queries.

 

As an entrepreneur, you always focus on creating an impact in the Industry. To achieve goals, you are taking every possible action to take your company to the next level. It is one of the reasons that companies are getting digitally automated, and mobile apps are getting more popular. Startups are developing mobile apps and websites depending on their requirements, but large businesses are going for mobile-first. It is one of the reasons behind the popularity of mobile apps.

Businesses are focusing more on building mobile apps for users to serve them with business features, services, and facilities that can not be accessed through a website. According to stats, the projected revenue from mobile app downloads, and in-app purchases will reach $581.9 billion by 2024

Developing a mobile app involves a series of programs and modules which require an in-depth knowledge of coding software for mobiles or smartphones. Startups, as well as business organizations all across the globe, are relying on Mobile App Developers for the development of Intuitive and Interactive mobile apps. Mobile app designs are more than what we see, but it is all UI UX designing and prototyping and out-of-the-box ideas.

If you have an Innovative idea for mobile app, then here are the best Mobile App Developers In New York:

1. Nolte

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Nolte is a New York-based web and mobile app development company that helps businesses to increase revenue by developing complex digital products, such as mobile and web technologies. They understand the challenges that enterprise companies face with their internal teams & external resources.

They work with their clients from the initial stage of software development i.e. from the product strategy to the maintenance and upgrades. Their App development portfolio Includes Tough Mudder Bootcamp, Bloomscape, the Women’s Forum of NY, and Propel Bikes.

They also provide additional services such as unlimited technical support, infrastructure monitoring, platform hosting, security, backup, backlog management, and visual regression testing.

  • Minimum Project Cost: $25,000+
  • Founded in: 2006
  • Employees: 10 – 49
  • Hourly Rates: $100 – $149

2. EvinceDev

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EvinceDev is an internationally recognized software development company founded in 2012 and maintaining the top position in the market. They have 8+ years of sophisticated experience and working with pre-focused moto ‘Accelerating Digital Transformation.

Under the guidance of the Spartan Community, Evince has established its Steeping Pillars of success, Strategic Approach, Absolute Demeanor, sincerity, and integrity. They mainly focus on meeting the expectations and timely delivery projects of their clients.

Evince is serving companies across the globe, irrespective of the size of a business, whether it is a small startup or a Big Enterprise. They focus on industries such as Transportation & Logistics, E-commerce & Retail, Government & Public sector, Healthcare, Education & eLearning, Travel & Hospitality.

  • Minimum Project Cost: $15,000+
  • Founded in: 2006
  • Employees: 10 – 49
  • Hourly Rates: $100 – $149

3. Braze

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Braze is among the top app developers in New York who are passionate about developing connections between consumers and the brands they love. Their main aim is to build software with speed and breadth to empower marketers to harness their creativity, our customer engagement platform delivers relevant, cross-channel experiences at scale.

Through their product, performance, customer support, and leadership thought, they are more committed to set up new standards in customer engagement. Braze has headquartered in New York with other registered offices in Chicago, London, San Francisco, and Singapore.

  • Minimum Project Cost: $20,000+
  • Founded In: 2011
  • Employees: 501-1000
  • Hourly Rates: $100 – $149

4. Fueled

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Fueled is an award-winning mobile apps and websites development company dedicated to developing fast, attractive, responsive software. It was founded with a vision of putting together people who could take a project from the initial stage of ideation through launch along with maintaining the quality, with agility and expertise.

Fueled clients go on to raise millions in funding therefore, they offer select startup clients an opportunity to prepare their development budgets. To get successfully incubated from Fueled Ventures, their independent venture fund.

  • Minimum Project Cost: $75,000+
  • Hourly Rates: $150 – $199 / hr.
  • Employees: 50 – 249
  • Founded in: 2007

5.  Intellectsoft

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Intellectsoft  is a web and app development company that delivers cutting-edge solutions for global organizations and technology startups. It was founded in 200 with the mission to help enterprises accelerate the adoption of new technologies, untangle complex issues that always emerge during digital evolution, and orchestrate ongoing innovation.

They have clients include startups to globally recognizable brands, such as Universal Pictures, Jaguar Motors, Qualcomm, Ernst & Young, Clinique, Bombardier, London Stock Exchange, Harley-Davidson, and others. They are leveraging Intellectsoft’s software development services to magnify their products along with achieving exponential growth.

  • Minimum Project Cost: $65,000+
  • Hourly Rates: $100 – $160 / hr.
  • Employees: 50 – 249
  • Founded in: 2007

6. HubSpire

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HubSpire is an award-winning app development company, Headquartered in New York City. They deliver digital transformation and technology services to translate entrepreneurs’ ideas into digital solutions, enabling them to outperform their competition.

They work with small businesses, startups, government agencies, and large corporations. They aim to take an agile, consultative and collaborative approach for developing customized digital solutions for their clients. They have received a high rate of customer satisfaction reviews from their clients.

They understand their client’s business and devise customized solutions, maximize application availability, agility, and predictability. Their areas of expertise include digital transformation, enterprise mobility, data analytics, IoT integration, cybersecurity advisory services, and artificial intelligence (AI) solutions.

  • Minimum Project Cost: $55,000+
  • Hourly Rates: $80 – $140 / hr.
  • Employees: 10 – 49
  • Founded in: 2008

7. Heady

Heady logo

Heady is a New York-based mobile product consultancy developing sustainable innovation. They integrate their dedicated team to understand client requirements, solve problems, create polished products, and scale long-term results. They offer services from the initial stage to development to routine maintenance focusing on solving client problems and growing their product.

Heady has offices in Brooklyn, London, and Mumbai. They design locally and build globally, leveraging teams in clients’ regions who work side-by-side with international engineering talent.

  • Minimum Project Cost: $75,000+
  • Hourly Rates: $100 – $150 / hr.
  • Employees: 50 – 249
  • Founded in: 2015

8. iTechArt

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iTechArt is a one-stop source for custom software development. They helped VC-backed startups and fast-growing tech companies with dedicated engineering teams and built successful, scalable products for their users. They have a team of 2700+ experienced and talented engineers. Their strength is agile dedicated teams of brilliant minds who rock in web, mobile, Big Data, AR/VR, and DevOps.

  • Minimum Project Cost: $25,000+
  • Hourly Rates: $100 – $150 / hr.
  • Employees: 1,000 – 9,999
  • Founded in: 2003

9. Arctouch

Arctouch logo

Arctouch is a leading app developer in New York. They design and develop lovable apps using the latest technology for the connected world. They have expertise in building websites, back-end APIs, blockchain, smart products. They specialize in app design and development for iOS, Android, and Xamarin for phones, tablets, and TVs. Top companies and leading brands trust them with their digital product design and development.

  • Minimum Project Cost: $100,000+
  • Hourly Rates: $100 – $150 / hr.
  • Employees: 50 – 249
  • Founded in: 2003

10. Rootstrap

Rootstrap Logo

Rootstrap is an award-winning team that focuses on delivering exceptional work within pre-decided time in the process. Their dedicated development team is distributed between Los Angeles, San Francisco, New York, and Montevideo. They take on projects that inspire and challenge their team to be more innovative. They aim at providing solutions to their client’s problems. For that, they pair clients with a world-class team of digital product experts. Their clients include from the first-time founder to the multinational Fortune 100 company.

  • Minimum Project Cost: $50,000+
  • Hourly Rates: $100 – $150 / hr.
  • Employees: 50 – 249
  • Founded in: 2011

11. Kitelytech

Kitelytech logo

KitelyTech is a full-service technology consulting, design & development firm based in New York. They have offices in downtown Chicago, Atlanta, Detroit, Austin, Charlotte, Phoenix, and Miami. Since its inception in 2009, KitelyTech has become a nationally-ranked web and app development company.

They are delivering successful projects in verticals ranging from oil and gas to healthcare to CPG and beyond the sector. KitelyTech was founded on the principles to aim for an industry that has transparency, customer service, and efficient execution.

  • Minimum Project Cost: $20,000+
  • Hourly Rates: $80- $130 / hr.
  • Employees: 50 – 249
  • Founded in: 2009

 

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