Foreigners Taking over Indian Startups.
Most valued Indian Startups like Flipkart, Paytm, Zomato, and Swiggy have the majority of their shares owned by foreign companies.
Why is that?
The Indian startup ecosystem is fairly young. While startups were active in the US in the 1960s and 70s (Apple and Microsoft), in India this only came with the success of Flipkart in 2010.
Only after this, institutions like VC firm and private equity firm started coming to India.
Now though, even Indian angel investors are coming forward and putting money in Indian Startups.
With this, Indian government is also allowing institutions like LIC and EPFO to invest in Indian startups.
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Zomato is owned by Infoedge which is a tech investment company but yes swiggy and oyo are not and paytm we all know ant group exited and Flipkrt is completely owned by Wallmart
not worry, Indian shameless government will change law accordingly and take over the companies eventually.
They are not FOREIGNERS…. black money hoarders from India, invest abroad and redirect them to India
Many of these are in Business for Years… Then how is the startup?
These angel investors cant fund more then a crore😂😂
Let alone 10 million dollars 😂😂
They bargain of few lakhs what a poor mindset indian angel investor have!
Thats good for India. Tens of billions of dollars are flowing into India to build a tech hub, creating tons of jobs, boosting its reputation for even more mass projects in the future. Thats how every wealthy country was built
Stadups 🎉
Problem kya hei ismei? Sabko paisa chahiye 😂
Start ups changed India a lot. Start ups are very very very very important for India's growth. Start up's pivotal role was to wipe out Unemployment.
Just wondering why dhana seth like ambani adani not investing in our start ups