Mumbai is India’s economic capital and among some of the most developed tech centers in Asia. But even though it would be expected for the FinTech industry to be the main contributor to the local economy, the tech sector is surprisingly surpassing all other industries and is considered the top key industry. 

According to Indiatimes, Mumbai has one of the highest tech job opportunity growth in Asia, and more exactly 32.5% which makes it a promising place for both tech companies and skilled professionals. However, investors are somewhat cautious in investing in tech startups and rather prefer to bid on solid and sustainable businesses, the main reason for that being the unstable startup ecosystem.  With all these, the Mumbai tech industry still manages to attract new professionals, especially those who are returning from overseas, with rich experience in the field. 

According to SalaryExpert, the tech average wage in Mumbai is estimated to be over $11000 USD/year, but of course, it may vary from company to company. The high competition among Indian tech companies leads to lower prices/project and lower hourly rates, which also means that Mumbai is a good place to find IT and software companies that charge lower than other Western companies per project. 

At the same time, one of the biggest challenges IT companies face is the talent shortage, which reached critical levels in 2020. According to the same source, the shortage of entry-level devs was 46,6%, middle level - 33.87%, and senior-level over 19%. The problem is expected to be solved in the near future, mainly because of young professionals who graduate from tech universities in Mumbai, and also due to talent migration within India. 

In case you are searching for a partner for a tech project in India, Mumbai is surely one of the best destinations you should explore. 

Logo design is a powerful visual communication service that effectively conveys a brand's message to the audience. It combines text, color, shape, and illustrations, creating a self-explanatory image that establishes a connection between the brand and viewers. Logos play a crucial role in brand communication by informing and establishing associations with the brand's ideas.

Blue and red colors are widely utilized by 35% of well-known firms in their logos, according to statistics and researches.

Here are some benefits and reasons why you should invest in a professional logo design company: 

• To possess a thoroughly researched, expertly crafted logo 
• To foster trust and reliability
• To enhance brand awareness 
• To distinguish yourself from competitors 
• To create a positive initial impact on your customers 
• To advertise your brand in a budget-friendly manner 
• To obtain all your materials in various sizes and accurate formats

Factors to consider when choosing a logo design service provider: 

• Price 
• Lead time 
• Analyse the portfolio
• Level of expertise and experience
• Communication and collaboration process

TechBehemoths lists over 8,000 logo design service providers, so you can aply smart filters that will make your search easier to explore various companies, you can discover a suitable designer who will assist you in creating a distinctive and impactful logo for your brand. 

Logo design is a crucial investment in your brand's future, ensuring people recognize your brand and products. So, you can submit your project on TechBehemoths to choose an in-house designer, agency, or freelancer with care and attention. Outsourcing logo design to professional services providers is a better option if you have lack of experience in this domain.

Types of logos

First, what are the main elements of a logo? It has 3 basic elements: fonts, colors, and imagery.

1. Fonts - clearly refer to the style of text you use, from bold and modern to elegant or playful. The style you select sets the tone for your brand.

2. Colors - influence emotions and perceptions, making your brand memorable and filling it with feelings.

3. Images - refer to all the icons, signs, or abstract shapes that make your logo visually unique.

Do fonts and colors influence perception?

Yes, fonts and colors are two of the strongest elements in logo design because they shape how people perceive your brand, having a meaningful psychological impact.

Here are some examples of colors and famous logos and what they communicate to customers:

Bynder revealed that most logos rely on a simple color palette: blue is the top choice (around 39% of Fortune 500 logos), followed by black (25%) and red (16%). White is used as a background in around 70% of designs. 

And here are some examples of famous logos and their fonts, and how they are perceived by their audience:

6 popular types of logo designs

Some of the most common logo design types are:

Why do memorable logos matter?

A brand is not just a logo - it’s a story, an experience, and a connection with people. On the other hand, a logo is just a part of a brand, it can inspire and be memorable, thus contributing to the success of a business.

Starbucks for example is more than just the iconic green logo, it has become a lifestyle brand. It is about the experience of sitting comfortably, enjoying that familiar cup of coffee with your name on it, relaxing, and taking a break. It has become part of the daily routine, loved by Starbucks customers.

What is the cost of logo design services?

A logo design can cost you anything between hundreds and millions of dollars. In 1997, BBC redesigned their iconic logo and paid around $1,8M to Lambie-Nairn design agency to do the job.

The cost of logo design is highly dependent on several factors like geographic location of the design agency, experience, reputation, portfolio, etc.

In LA, California for instance, expect to pay around $70 - 150 / hour for logo design services. In other states/cities the price can be slightly lower.

TechBehemoths offers advanced filters to choose any location worldwide and shortlist logo design agencies based on your business requirements. Additionally, you can submit your project specifications and the system will match it with the right service providers at no cost.