Rediff (Indian online newspaper) writes :
Indians account for 28 per cent of all foreign-founded private start-up companies in America, according to a first-of-its-kind study, ‘American Made: The Impact of Immigrant Entrepreneurs and Professionals on US Competitiveness.’
The study found that over the past 15 years, immigrants have started 1 in 4 (25 per cent) US public companies that were venture-backed, representing a market capitalisation of more than $500 billion. Moreover, a survey of today’s private, venture-backed start-up companies in the US estimated that 47 per cent have immigrant founders.
India was the most prevalent country of origin with 28 per cent followed by the United Kingdom (11 per cent), China (5 per cent), Iran (4 per cent), and France (4 per cent).
