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US giants buy Indian start-ups for talent

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“This is more of team and talent acquisition, it happens globally and isn’t unique to India. The reason we haven’t seen too many acquisitions for technology in India is because no one is doing any significant R&D or new product and technology development here," 

Harish HV
Partner, Grant Thornton India LLP

This article appeared in Business Standard on 15th July, 2017.