Your own company? You can do it (2011)

Re:Your own company? You can do it (2011) by sandGorgon on Sunday June 18, 2017 @04:25AM (#14579630)

India - probably the hottest startup culture outside the US. World class healthcare at 1/10 the cost - medical tourism already exists. A large part of the economy is already built around software services.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by ishi on Sunday June 18, 2017 @06:27AM (#14579985)

Some would argue that Israel has "the hottest startup culture outside the US". There are 96 Israeli companies listed in NASDAQ, and only 12 Indian ones. http://www.nasdaq.com/screening/companies-by-region.aspx?reg... http://www.nasdaq.com/screening/companies-by-region.aspx?reg...

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by sandGorgon on Sunday June 18, 2017 @06:46AM (#14580058)

That's because India's domestic markets are large enough. In fact, the hottest startup culture is actually China - but those are closed markets.

When you build startups in India, you build for the fastest growing economy in the world. Yes - startups still do list on international markets, but that is a combination of Nasdaq, Singapore and BSE.

For example, the largest "unicorn" in India - Flipkart - is listed in Singapore.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by sah2ed on Sunday June 18, 2017 @06:53AM (#14580086)

I had to google that BSE is the Indian exchange, Bombay Stock Exchange.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by cmadan on Sunday June 18, 2017 @07:54AM (#14580269)

Flipkart is registered in Singapore but not listed on the SGX (Singapore's stock exchange).

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by sandGorgon on Sunday June 18, 2017 @08:15AM (#14580335)

not yet - but that is the reason it is registered. Same for Ola IMHO. Its was the most regulatory friendly arrangement to allow for an international IPO while still operate things like wallets and multi-brand retail in India.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by tianlins on Sunday June 18, 2017 @07:02AM (#14580114)

Then you can also argue CHINA has "the hottest startup culture outside the US", based on NASDAQ http://www.nasdaq.com/screening/companies-by-region.aspx?reg...

Also among the top 10 unicorns by valuation (http://fortune.com/unicorns/): 6 from US, 3 from China and 1 from India.

Of course, the answer really depends on what you mean by "startup culture".

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by sandGorgon on Sunday June 18, 2017 @07:34AM (#14580209)

you are right - I have mentioned that in my other comment. But China is a closed ecosystem. India's markets can be tapped by international founders. For example - look at Zoomcar. Literally impossible to do that in China.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by trevyn on Sunday June 18, 2017 @10:07AM (#14580685)

India does not have world-class healthcare.

It is common for underdogs to claim they are world-class, and if you don't have the experience to know better, you might believe it.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by sandGorgon on Sunday June 18, 2017 @11:50AM (#14581152)

https://en.wikipedia.org/wiki/Medical_tourism_in_India

> The Medical Tourism Market Report: 2015 found that India was "one of the lowest cost and highest quality of all medical tourism destinations, it offers wide variety of procedures at about one-tenth the cost of similar procedures in the United States."

medical tourism is a multi-billion dollar industry in India with American and European patients accounting for the largest share.

I'm not talking about cutting edge research here. Possibly there's no comparison there. But I'm talking about something that's practical, applicable and real medical care.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by jdnc on Sunday June 18, 2017 @10:48AM (#14580870)

Any data to support your claim? From my anecdotal experience, having lived in both the India and the US, I haven't ever felt that there was anything lacking in terms of receiving world class healthcare in India.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by madhadron on Sunday June 18, 2017 @11:17AM (#14580991)

That's because the US doesn't have world class healthcare either.

[ Parent | on HN ]

Re:Your own company? You can do it (2011) by superasn on Sunday June 18, 2017 @04:59PM (#14582895)

Unfortunately the western culture is slowly but steadily gaining foothold here and with hospitals like Max and Apollo the cost of medical treatment is steadily rising while health insurance is being steadily promoted as something you can't live without.

I'm guessing that within a decade these multinational companies who run these medical establishment as ruthless businesses will be able to get it to the same point.

[ Parent | on HN ]