Lots of programmers need not equate to programmers who can build products. It is a mindset thing. The lower burn rate theory has already been tested with a company called True Sparrow Systems in Pune, who were the building team behind SocialMedian. The cheaper programmers angle eventually slides further towards the service model, which is good, but not very good if you are looking to put together companies that build products.
1. Big exits, outside digital, do happen here. They need not always be international.
2. 2-3 players show a healthy and probably growing market. Ability to attract investment is always tied to the potential of the market and ability of the company to bite into it.
No doubt about the market size in India, the question is about the right approach to unlock it.
1. Big exits, outside digital, do happen here. They need not always be international.
2. 2-3 players show a healthy and probably growing market. Ability to attract investment is always tied to the potential of the market and ability of the company to bite into it.
No doubt about the market size in India, the question is about the right approach to unlock it.