Ola founder says government should decide if US internet giants are 'capital dumping' in India
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A number of Indian entrepreneurs have sought government’s attention towards the issue of
Amidst all this, Ola's founder-CEO
Also read: Ola to be the first cab aggregator in India to introduce e-cabs
"I think it is for the relevant government agencies to decide what is happening - whether capital dumping is happening and if it is happening, should it be prevented. As an entrepreneur, I am focused on my business. I am sure the relevant government agencies will have a look at it and decide. As far as Ola is concerned, we are focused and determined to build a business that can sustain and be impactful,” said Aggarwal.
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internet giants Amazon and Uber, both from the United States.
Also read: Ola founder compares its rivalry with Uber to Vietnam War
Aggarwal had then said that these overseas companies are using India as a "capital dumping ground."
However, with time, he seems to have decided to stay silent.
"As entrepreneurs we sometimes do not understand the complexities of running a government. I have a point of view on it, but we will continue to building a robust business in India," he said.
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(Image source Wokeji)
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