Re:How Not to Explain Success
by Chris2048 on Tuesday May 31, 2016 @01:15PM
(#11808024)
wrt India, there are also infrastructional issues. I note there is not so many of tech startups in India, outside recruiting/outsourcing, despite the huge number of tech workers there.
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Tech startups is not a good metric. Wealthy Indians are risk averse and there is a lack of trust in India.
Considering all that few Indian cities do have a healthy startup culture and Indian angel investors who have worked in the US and American VCs have started funding big amounts.
DO recently opened a datacenter in Bangalore to capture all this new growth.