Letter No. 136
The valuation of Chinese companies that adapted Western business models has surpassed $1 trillion, enabled by an ecosystem that fosters growth but at the cost of individual freedoms. Today’s ET article explores the contrasting models of India and China and examines why Indian companies struggle to scale—e.g., China’s start-up, Xiaohongshu (inspired by Instagram) recently reported $200 million in profits. In comparison, can you guess how many Indian companies achieve similar results?
Read more: https://tinyurl.com/35sdp52v
Disclaimer:
Information in this letter is not intended to be, nor should it be construed as investment, tax or legal advice, or an offer to sell, or a solicitation of any offer to make investments with Buoyant Capital. Prospective investors should rely solely on the Disclosure Document filed with SEBI. Any description involving investment examples, statistical analysis or investment strategies is provided for illustration purposes only – and will not apply in all situations and may be changed at the discretion of the principal officer. Certain information has been provided and/or based on third-party sources and although believed to be reliable, has not been independently verified; the investment managers make no express warranty as to its completeness or accuracy, nor can it accept responsibility for errors appearing herein.
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