India Venture Bubble?

SiliconBeat writes:

Similar to Silicon Valley’s boom in the late 1990s, the Indian tech world is in full frenzy.

Things are looking bubbly. Several other Silicon Valley venture firms have made moves to invest in India, and [Ram] Shriram says such announcements “certainly appear to be the leading indicator of a bubble in equity values.”

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Rajesh Jain

An Entrepreneur based in Mumbai, India.