Why domestic investors shy away from embracing Indian startups
(WorldNews India)

“My father will give Rs 50,000 to a religious institution without any query but will have hundreds of questions if I ask him some funds for my venture,” says the founder of a HR startup half-jokingly. The above example captures the narrative of investments in the Indian startup ecosystem where domestic investors are still not a significant lot when it comes to investing in new companies compared to other countries like China, Japan, or Australia. Japan's Softbank and US's Sequoia Capital have bet on Indian unicorn Oyo. (Image: Shutterstock) McKinsey Global Institute, in its study – The future of Asia: Asian flows and networks are defining the next phase of...