3 ms·
One of the thoughts in India is that all these regulations can be read to favor just one gigantic entity - the Reliance Jio group..who is going to reap the bene
by sandGorgon 7y ago
One of the thoughts in India is that all these regulations can be read to favor just one gigantic entity - the Reliance Jio group..who is going to reap the benefits of this protectionism. But no other startup probably is (because all startup fundraises originate in the US)
- lafka 7y agoCare to elaborate? I keep hearing that along with similar things like "once Ambami/reliance adopts $xyz-tech everything will shift there". Due to its size Reliance is obviously in a position of power but do you see them lobbying for control in sectors outside telecom? Didn't read article due to paywall
- jagannathtech 7y agoinvoking Reliance is just a convenient boogeyman. can see plenty of domestic and govt investment in local startups.