Indian startups are moving overseas
According to the latest reports, this year would observe a huge exodus of technology focused startups. A growing number of young ventures will be shifting overseas for more investors as well as better regulatory environment. They will be seeking better facilities overseas, as far as the government won’t take strong measures to reverse the trend.
The report concludes that almost 75% of tech start-ups companies around data analytics, security, mobility and cloud will be aiming to nurture their seeds and cultivate venture capital outside the homeland.