Why Indian IT Firms Are Hiring Failed Entrepreneurs?

By Siddharth Bhatia / Mumbai

Eyeing fresh business from outsourcing clients, IT firms are creating start-ups focused on disruptive technology. India’s biggest information technology (IT) firms are hiring failed entrepreneurs and successful venture capital executives in Silicon Valley as they seek to win fresh business from top outsourcing clients such as Target Corp. and Citigroup Inc. by creating internal start-up organizations focused on building disruptive technology solutions.

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