Thursday, April 17, 2014

BBC News - How a new bike messenger firm got its wheels turning in India

BBC News - How a new bike messenger firm got its wheels turning in India: "But it is exactly that issue - money - which is a barrier to new businesses across the world - and India is no exception.

Despite being a big community of real potential, Indian start-ups find it difficult to raise initial funds.

For technology firms, the struggle is less pronounced. But for firms in most other sectors it can be hard.

"There is less risk appetite in this country. No-one is ready to make the first move," says Anshula Dubey, co-founder of Indian crowdfunding business Wishberry."



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