Having thrived at home for nearly a decade, India’s startup scene went global in 2018. Ola, the country’s largest homegrown ride-hailing firm, set the ball rolling in January when it drove into Perth, Australia. Soon, hotels chain OYO followed in a big way. The country’s newest unicorn, Byju’s, has also announced its international plans for early 2019.
“(The involvement of) international investors means Indian companies are able to better navigate compliance and regulatory affairs in foreign markets,” said Sanchit Vir Gogia, chief analyst at Greyhound Research. “On the more tactical level, they offer operational access to office space, talent and other support that is required to get the setup running.”
Sanchit Vir Gogia: Sanchit is the Chief Analyst, Founder & CEO of Greyhound Research, a Global, Award-Winning, Technology & Innovation Research & Advisory firm. To read more about him, click here.
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