Will India Have 100 Internet Unicorns by 2025? What Industry Stalwarts Say

Will India Have 100 Internet Unicorns by 2025? What Industry Stalwarts Say

  • He tells Gadgets 360 that India has become sizeable enough for holding a large number of companies that can grow to be unicorns.
  • The startup ecosystem obviously needs the government's support to grow and the people Gadgets 360 spoke with said the Indian government has provided that.
  • "The reach-out from Indian technology being built locally and going to global markets and bringing back good things is good," Sharma of Paytm tells Gadgets 360.
  • That's the ultimate frontier because to build a consumer Internet company that's very global, you have to win on the product, understand local user needs, and understand all kinds of things," he says.
  • Hans Tung, the Managing Partner of venture capital firm GGV Capital, who was an early Flipkart investor and is one of the key investors in Snapdeal , says India is a great market for a startup looking for global expansion.
  • "Basically, if you want to build a massive startup ecosystem, you will have to have both a large domestic market and the ability to build global businesses," he states.


Next Story
Share it
Top
To Top