N R Narayana Murthy said a bulk of the money is coming from abroad & there is a need for domestic money to play an important role in this.
This is one of the most important issues that we have been discussing (at the Sebi panel). That is, what are the policy changes that are required to make sure that there is more of Indian and domestic money coming into the startup sector because today it is by and large from abroad- Murthy Said
Where T V Mohandas Pai, said there will be 1 lakh startups in India with a collective valuation of over $500 billion by 2025. There will be at least 100 unicorns among them and over 65 of them will be majorly owned by foreign investors.