Mr. Kotak, I agree we must invest more aggressively in the future. The Q. is: when a startup is working on a strategically imp tech with global potential, will Indian capital back conviction before validation?
If the answer is yes, I'll gladly fly down tomorrow & make the case.
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.