[free]

Yes, I am in the startup ecosystem in Bangalore and I can definitely say that there are pockets of real talent here. In fact I feel lucky to be in a place where I am enjoying work, learning a ton and surrounded by some of the most talented people I have ever seen.

[kang]

Care to name those 'pockets' please?

[free]

This link gives a better answer http://www.quora.com/What-are-the-hottest-startups-in-India

Amongst the ones I personally know Flipkart, Myntra and Cleartrip have some really good people. And then there are freelancers who work remotely for the bay area startups.

Edit : If you are in Bangalore, then do attend the tech conferences here to get a better idea of the ecosystem.