Some expat Indians are moving back home to launch companies of their own.
But the chaos, where even established startups are trying and failing, makes India a fair playing field for new entrants, Hassan said.
Programs like Startup India, which provides founders benefits like tax exemption, easier compliance, and funding support, have made creating a company smoother.
Bhide returned to India in January, leaving behind about $580,000 in total compensation at ticketing platform StubHub.
Bhide said the general sentiment among local founders is shifting from "Build from India" to "Build for India."
Persons:
—, Nithin Hassan, — Hassan, Hassan, he's, Binod Khadria, Khadia, That's, Ben Mathias, VCs, Mathias said, Devyani Parameshwar, It's, Rohan Bhide, Bhide, Dhruv Anand, Dhruv Anand Dhruv Anand, Anand, Ruchit Garg, Garg, Niranjan Vemulkar, Vemulkar
Organizations:
Service, Amazon, Microsoft, Meta, Global Research, Diaspora, Business, Vertex Ventures, Indian, Startup, Reliance, Tech, Google
Locations:
India, Bengaluru, Oyo, Byju's, Asia, Africa, Delhi, Gurugram, Silicon Valley, It's, Mumbai, Bangalore