Former Infosys CFO Mohandas Pai gives tips for founders to maintain control over start-ups, pvt cos
Pai, however, said he was not blaming the government on the issue. He said countries across the globe, especially in America and China, enable their fledgling companies to pick upbillions of dollars on their stock exchanges to create theirassets, which assure them to retain control through designed financial instruments, structures, incentives and rights.
The Indian companies cannot be listed on overseas exchanges unless the entity is listed in India because of which Indianentrepreneurs have become digital vassals, he said. Image source: Reuters