“Only rear information panels and coffee companies …”: The founder criticizes a VC scene in India to kill innovation early

Innovation in India walks a tight rope between the promise and reality. Although there is an ecosystem for the start of the booming operation and the total deep talent, entrepreneurs often find themselves against a wall of systematic-bureaucratic system, supporting and supporting the dangers.

There is no more sharply captured conflict than it was in the last Reddit publication by its founder, which was achieved by the start-up of independent retail that works artificial intelligence calmly-not because of the inability, but a broken financing system unwilling to support anything that exceeds the rapid victory.

In the explicit Reddit publication entitled “Indian startups will never be innovative”, the co -founder of independent retail stores, which are facing Indian creators.

“Hello, I am a co -founder to start an Indian operation that builds independent stores using Vision AI and Sensor Fusion to divide 24×7,” the founder wrote. “We are the only company in India that built a key model in the vision of identifying people and tracking people … Our international rival Amazon Go $ 200,000 to prepare such a store while we can do this for only $ 7,500. However, we lost because we are in India.”

Despite the construction of a meager product in a small part of the global costs, the team was unable to three of the three financing. The founder currently shared a rejection of the Indian VCS:

• “VC: Indians do not need such stores, Qcommerce Hai Hamare Paas (our Qcommerce).
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Some demanded traction beyond the start -up range in the seed phase. “VC: Get 100 thousand dollars to 200 thousand dollars, then we can speak,” one of them told them. The founder pushed back: “We build in artificial intelligence with no external team, how can we expand there without any support?”

With disappointment, the publication ended in a dark note: “Our VC sector is based on financing coffee, drinks, shirts or services based on information boards or artificial intelligence companies that already work on ChatGPT. Indian startup companies will never be innovative because of this … Once we link Indian companies completely with some foreign companies (Amazon Go), and pay them 10x and we say we are invent In India. “

The post ignited a quick discussion.

One of the users highlighted cultural incompatibility and markets: “India is not the appropriate market for this work at the present time … Go on the street and ask ten people if they are fine to allow the camera to track them and determine their identity.”

Another pointed to the structural issues: “Every VC wants to see either the iIM or IIT mark … no one wants to estimate the race it takes to do the research, development and building the leading technology.”

Others have made cautious encouragement and advice on partnerships, grants and alignment of the investor.

But the harshest suspension beaten in deeper cultural roots. “Spending research and development in the best Indian companies is not anywhere near their global peers … Indians live near the bottom of Maslow’s pyramid … Self -exit operations will not work here … mechanization and automation and DIY never picked up.”

This post ended with realistic evaluation: innovation in India often fails due to lack of thought or effort, but because the ecosystem – from VCS to markets to cultural behavior – has not been designed to support it.