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With companies like Walmart and Amazon putting big bucks in India, and now Ycombinator conducting interviews here, I guess whoever you talked to hasn't really b
by justforfunhere 8y ago
With companies like Walmart and Amazon putting big bucks in India, and now Ycombinator conducting interviews here, I guess whoever you talked to hasn't really been keeping a worldview of investments globally.
Indian market is big and still relatively unexplored and ripe for disruption. The next generation ( and even the current one ) of Indians will be a whole lot more educated and will have more money to spend, and their number would be in excess of 100 million..
So you're only losing if you haven't got a long term India Plan Dear VC.
Edit: Grammer
- NicoJuicy 8y agoIndia is also a little bit protective ( rightfully so in my opinion). Eg. A marketplace can't sell their own products -> Amazon
- ganeshkrishnan 8y agoUsually I am very critical of Indian government messing in IT but here the main issue is that Amazon uses the data of marketplace sellers to have unfair advantage.