CHAIRMAN - BITEX IND... • 6m
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
CHAIRMAN - BITEX IND... • 1y
My idea is that many developing and un- developed countries like Nepal , Bhutan , Afghanistan , Bangladesh , Shri Lanka and some African countries are not able to get right idea and research about their needs and start-ups Opportunities that is alrea
See MoreFounder - Burn Inves... • 4m
Many people think that with Tesla's entry into India, Indian auto companies won't be able to sell, which is completely wrong. Yes, no doubt Indian companies will face competition, but their customer base will be different. Tesla will never target the
See MoreFounder - Burn Inves... • 8m
As I mentioned earlier, Foreign Institutional Investors (FIIs) are significantly withdrawing their money from the Indian market. Many factors are working together, such as China’s economy, the US election, poor results from Indian companies, and the
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