The struggles and successes of India’s start-up culture

Twenty years ago in the vibrant entrepreneurial paradise of Silicon Valley USA, it was said that you would find a clever Indian toiling away in the backroom of nearly every successful start-up company.

Well, in the past two decades, they have come out of the back office, out from under the machines.

What the Valley guys say now is that every IPO or first public stock sale of a new hi-tech company needs an Indian name on the board of directors to give it plausibility for investors.

But they are still mainly clever experts, not necessarily a new breed of business-starting entrepreneurs.

 

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Categories: Economics, India

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