BANGALORE, INDIA—Despite the shakeout at the top of India’s private tech ecosystem, two projects promise to push forward India’s telecom and finance industries—and the web sector.
One of the potential beneficiaries in the finance industry is Paytm, 40% owned by Alibaba Group of China. There’s also buzz about a slew of early- and late-stage software startups as well as device companies that haven’t gotten much attention outside this country.
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“Even if Jio royally screws up, they will have time-shifted the industry by a couple of years.”
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