alt Hacker NewsA lot of the Indian tech industry is really just the tech industry from other countries being outsourced to there.
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dyauspitr • today at 6:41 PM
Not everything though. There are huge unicorns that serve the Indian market in India.
A lot of the Indian tech industry is really just the tech industry from other countries being outsourced to there.
Not everything though. There are huge unicorns that serve the Indian market in India.
Sure foreign players do play a role, yet it still has the 4th largest VC dealflow [0] in the world ($9.3B) at 2x the size of Canada's entire market which highlights a significantly larger market. And unlike Canadian startups, most Indian startups IPO domestically [1] thus building a self-sustaining capital market
[0] - https://dealroom.co/guides/global
[1] - https://internationalbanker.com/finance/india-is-undergoing-...