Entrepreneurship In India

Atul Loke for The New York Times. Rahoul Mehra and his wife, Glennis Matthews Mehra, started Saf Labs, a biotechnology trading company in Mumbai.

Atul Loke for The New York Times. Rahoul Mehra and his wife, Glennis Matthews Mehra, started Saf Labs, a biotechnology trading company in Mumbai.

India Ink closes out 2013 with a story near and dear to the hearts of all entrepreneurs in India at this moment, and Raxa Collective appreciates the coverage (even if we are not exactly an American-style start-up, we can relate):

American-Style Start-Ups Take Root in India

In a nation with a reputation as a tough place to do business, American tech entrepreneurs are importing the Silicon Valley mind-set.

“India has built a reputation as a notoriously tough place to do business, one that has stymied even giants like Walmart. And unlike Silicon Valley, where a decent idea can attract funding, investors in India are much more reluctant to risk their money on start-ups.,” Sei Chong wrote in the Dealbook blog of The New York Times.

“Despite such challenges, some American technology entrepreneurs are seeking to pursue the country’s untapped opportunities, even without the clout of a multinational corporation backing them.”

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