A day after Mint asked industry stakeholders to weigh in on the impact of Byju s and Paytm s debacles on the future trajectory of the start-up space in India, more has happened. Let us take a look at the regulatory support the sector expects.
As controversy grips two of the biggest poster boys of India’s startup arena, there can be no better moment than now for the body constituted by the Department for Promotion of Industry and Internal Trade to demonstrate its usefulness in ensuring that the country’s startup space does not lose its lustre
Zerodha co-founder and CEO Nithin Kamath said, Staying in India and incorporating at home also saves the future hassle of paying huge taxes to flip back.