http://www.pluggd.in/funding/us-startup-valuation-down-24-3516/ We Heart Startups! Fri, 10 Feb 2012 14:53:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.pluggd.in/funding/us-startup-valuation-down-24-3516/comment-page-1/#comment-93257 Ramesan Sat, 10 Jan 2009 09:30:15 +0000 http://www.pluggd.in/funding/us-startup-valuation-down-24-3516/#comment-93257 Most of the payment gateways still work manually in India.they are not able to transfer funds completely thru the net.The banks after accumulation of collection issue pay orders or Bankers cheques which they transfer to their account or collecting company thru clearing manually.ie by depositing their cheques into their banks for clearing and collection. thus the transfer is not thru the net and instantaneous. May be when we pay banks take the money from the account instantaneously.when they give they give thru bankers cheques. Most of the payment gateways still work manually in India.they are not able to transfer funds completely thru the net.The banks after accumulation of collection issue pay orders or Bankers cheques which they transfer to their account or collecting company thru clearing manually.ie by depositing their cheques into their banks for clearing and collection. thus the transfer is not thru the net and instantaneous. May be when we pay banks take the money from the account instantaneously.when they give they give thru bankers cheques.

]]> http://www.pluggd.in/funding/us-startup-valuation-down-24-3516/comment-page-1/#comment-93256 Ramesan Sat, 10 Jan 2009 09:24:43 +0000 http://www.pluggd.in/funding/us-startup-valuation-down-24-3516/#comment-93256 People in india try to succeed by publicity and media and not hard value work.Hence the VCs are wary of investment in such companies. See the fate of Ramalinga Raju much acclaimed entrepreneur who pioneered the internet companies in India.Don't trust the finances of the net companies anymore. People in india try to succeed by publicity and media and not hard value work.Hence the VCs are wary of investment in such companies. See the fate of Ramalinga Raju much acclaimed entrepreneur who pioneered the internet companies in India.Don’t trust the finances of the net companies anymore.

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