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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How is foreign investment a bad thing?
Control isn't necessarily the same thing as ownership
But the most important thing is every 5 company are loss making😅
Vasudhaiva Kutumbakam, the whole world is family, doesn't matter who owns it, consumers must get the product/services cheaply and easily.
the main reason is the tax system of country, start up wants to save money and therefore establish themselves in foreign countries and pick investmets
India me paisaa hai but sirf 10-20 percent logo ke pas majority hai
West still rules us.😊
Why big giants like Tata, Ambani not doing VC
It's called economic kabja of country.
Angel investors are destroying startups 😂😂😂
India startups are very young,and Government being very good gives no helping hand but Instead slaps them on their face with Heavy taxes..like. A baby paying to his parents for what he eats