Young tech startups relocating overseas??
A recent observed change in the Indian Startup ecosystem is raising eyebrows over the projected growth in a recently started new year. As per a leading think tank in the country iSPIRT(Indian Software Product Industry Roundtable), approximately 75% of the young tech startups eyeing the global market may shift overseas to make a new base, reason being better investment opportunities, better regulatory environment and facilities.
Indian eCommerce giant Flipkart and leading mobile advertisement firm InMobi have already their bases in Singapore and many more startups are thinking of catching the same train unless government takes some steps to provide some better opportunities. On the other side, hungry for intellectual growth, the government and investors in other countries a...