Indian startup ecosystem far more exciting than Silicon Valley: Paytm Founder Vijay Shekhar Sharma
YourStory caught up with VSS on the sidelines of the India Internet Day summit where he delivered the keynote address. Here's what he had to say about India's startup ecosystem and Paytm's plans for overseas expansion.
- Paytm Founder and CEO Vijay Shekhar Sharma believes that the Indian startup ecosystem is a far more exciting place to be than Silicon Valley, the tech and startup capital of the US.
- However, the Paytm boss did concede that since Silicon Valley has "access to capital and talent at a bigger and better scale", the likelihood of startups succeeding there is still higher than anywhere else.
- When it comes to the excitement quotient, though, India is definitely the place to be in right now, Vijay reiterated.
- Speaking about the plans of the online payment services brand, the 40-year old billionaire entrepreneur said that over the next five years, Paytm would definitely expand its footprint across the globe.