India has seen a large number of expat influxes in the last few years. The expatriates usually come with a breadth of technology and business expertise. Many of them have experience working as part of startup management teams in the United States and United Kingdom.
However, the expatriate who returns to India tends to take up jobs with large multinationals rather than joining smaller Indian start-ups. This has resulted in their knowledge not being transferred to the local entrepreneurs, who are left learning the intricacies of market, products and business models through trial and error methods.
If the expatriates coming back to India started joining small Indian start ups, it could accelerate the evolution of Indian technology start ups. We’re starting to see some do this, and we’re extremely happy with their decisions. We are hoping more will join the bandwagon.