BANGALORE: If Indian Startups need a kick-start for their growth and recognition, foreign ventures is what they need to look for. Previously, the examples have been setup where such an initiative has brought lot of ransom home, for instance Silver Lake invested $41 million in Bangalore-based Eka Software solutions, which creates software for commodity trading.

The reason behind the involvement of foreign ventures in Indian markets is the advancement of tech and e-commerce companies in India and has gained the attention of many foreign investors to look their future in Indian markets.

According to Sandeep Singhal, co-founder Nexus Venture Partners expressed that the foreign investors urge for investing in Indian technology, said, “The IT space grown in recent years on the back of mid to senior level engineers leaving MNC global development centers to start companies, either alone or in partnership with colleagues from the U.S. There has also been some transition of founders from the U.S. to India, but it has been less of a factor," he further added, reports Business Standard.

There are many other startups that have gained importance from foreign ventures, namely Tasty Khana has joint hands with a German online food ordering firm Delivery Hero which has invested 30 crore into Tasty Khana. Uniken, providing secure private internet has partnered with Bynet, an Israeli venture.

India is a country where small retailers and service providers are in abundance that does not require any big funds for their growth, but the IT startups seek an outside funding. To build global markets, high capital risks are to be taken and for that various angels and venture capitalists are to be knocked. Many hungry entrepreneurs in India are all ready to boom with their planning and approach, expect a push from foreign ventures.