Foreign Funds Colonising Indian Startups – Naukri.com Founder Sanjeev Bikchandani

Naukri.com founder Sanjeev Bikchandani has just confirmed what GreatGameIndia has been warning since the beginning - about the dangers of Foreign Direct Investment in India.

Bikchandani said foreign funds are the new East India Company that are colonising successful startups in India by transferring ownership overseas to skip Indian regulations and taxes.

Bikchandani says an estimated Rs 17 lakh crore of market cap has been transferred abroad after young Indian startups were forced to...

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