It is not a fresh update, though, knowing that India is now among the world’s largest technology startups base. India has shown pretty much of its willingness to move up to a brighter sphere where profits are waiting. Such a progressive growth they have made, which is why more global companies have sought for ways to invest in the country’s particular tech startups.
The country’s rapid tech growth has been proven by approximately 3,000 tech startups built up lately. It puts India in the fourth position of those countries with most tech startups around the world. Not a kind achievement which can be ignored by the world’s largest global companies.
A long list of Indian tech startups has attracted a number of global companies, such as Google Capital and Sequoia Capital. Google itself has been known to have long interested in investing in the country’s startups. And that initiation seems to find a way which is by building up the company’s branch office in the country.
Previously, Google Capital has put some of their money to CommonFloor and Freshdesk. So, it would not be such a surprising news to hear if, in the upcoming years, they have an office in India. Judging from the good prospect offered by the country’s potentials, not a strange thing for companies like Google Capital put their interest in the Southern Asia country.
But, what makes India as big as today? What kind of thing is able to support the country’s tech startups to grow much rapidly in these recent days? It is probably a common answer for issues like this, but the country’s government is claimed to be the biggest supporter. Their strong willingness to ‘enable’ the country’s tech startups to expand the business is one of the key reasons.
We can deny that it could a very logical answer to our wonder about the country’s rapid growth. Additionally, the government’s role in the country’s economic and investment regulation is inevitable. The more cooperative and ‘open-minded’ they are, the more likely foreign investors find ways to help those startups develop.
Among Indian tech startups, you may have ever heard Flipkart, Housing, Zomato, Foodpanda, Practo, Digital Gorkha, Freshdesk, Apartmentadda, and Restolabs as some of the country’s most rapid growing tech startups. Their service is widely-ranged, from housing information to restaurants’ menu providers.
The broad ranges of service provided by those mobile apps might be one of the reasons of how Indian people get more excited about tech startups, which impacted to the country’s economic growth.