The technology space in India is undergoing a major transformation. India’s well-known software services companies created the first wave of success and global recognition for India’s technology industry. The next wave is now under way, being created by a new generation of start-up companies. Most of these technology companies are in the product space, and many play in India’s rapidly emerging domestic marketplaces.
What has created the necessary ambience for these start-ups to grow and flourish? It seems to me that the stars have finally aligned, with most of the factors required for success finally coming together, creating, perhaps, the most exciting times in recent history for start-ups. I’ll classify the factors into four categories: markets, capital, technology skills and service providers.
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