alt Hacker NewsA lot of the Indian tech industry is really just the tech industry from other countries being outsourced to there.
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alephnerd • yesterday at 5:13 PM
Sure foreign players do play a role, yet it still has the 4th largest VC dealflow [0] in the world ($9.3B) at 2x the size of Canada's entire market which highlights a significantly larger market. And unlike Canadian startups, most Indian startups IPO domestically [1] thus building a self-sustaining capital market
[0] - https://dealroom.co/guides/global
[1] - https://internationalbanker.com/finance/india-is-undergoing-...
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dyauspitr • yesterday at 6:41 PM
Not everything though. There are huge unicorns that serve the Indian market in India.
Describes Canada too!