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Abdul Samad Pathan

Stealth • 5d

"India’s startup ecosystem is booming, but why do we still rely so heavily on foreign investments? Are we building businesses for India or just for global VCs? 🤔 Let’s discuss." #FinancialIndependence #IndiaStartups

SHIV DIXIT

Stealth • 5d

Exactly, hundreds of foreign VCs are dominating Indian unicorns like Oyo, Ola, Flipkart, and many other startups. This is a concerning issue because at the end of the day foreign countries are gaining real benefits from Indian companies and Western influence is increasing. This could potentially lead to manipulation of our decisions in the future for their political benefits. At least our billionaires should step forward and start competing with these foreign players. Even Chinese white-labeling is undermining our innovation capabilities but Indian entrepreneurs are not Innovating things in india, they are just bulk buying from China for getting better deals. These decisions are primarily based on securing the best deals for the companies, not for the india . However, when foreign venture capital firms eventually dominate our markets people will begin to understand the long-term implications of this issue Atleast entrepreneur should favour Indian Vc's not these foreign countries

0 replies2 likes

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