In a new response to the statements of the Minister of Commerce, Joyl Joyl, to Indian startups at the start of the Mahakomb, the Mharak Tank India judge and the founder of Shaadi.com, Anupam Mittal, reached its own similarity, and supporting the current business system in India.
Speaking of the rise of startups in the field of technology inside the country, Mittal noticed in the X Publication, “In the past few months, I met some deep technology that completely erupted me. From AI & Space-Tech to material science, Indian entrepreneurs are ready to take the world.”
However, he did not fail to point out how development in these areas related to technology and startups is not present due to the lack of sufficient amount of capital and exposure within the ecosystem of growth and communication. Thus, Mittal said, in the note of “luxury ice cream” for Joyl, “The founders can do most things but not all.”
In his speech to the MahakumbH, Goyal urged entrepreneurs to reassess their value proposals, indicating that many startups focus on delivering immediate food and logistics with a long -term economic impact. He said that many startups ultimately end in the transformation of unemployed youth into cheap labor instead of pushing the borders in sectors such as semiconductors, robots and batteries technology – as he indicated that Chinese startups are advancing.
Not only Metal, but many others did not receive the statements of the Minister of Commerce lightly. Earlier, in a strong post on X, the co -founder of Zepto Aadit Palicha defended the role of Internet companies for consumers in leadership of innovation and employment.
“It is easy to criticize startups online to consumers in India, especially when they compare them with the deep technical excellence that is built in the United States/China,” Balsha wrote.
Zepto’s economic contributions to the numbers: “There is approximately 1.5 for the real people who earn a livelihood for Zibto today – a company that was not present 3.5 years ago. A miracle in Indian innovation, I honestly don’t know what it is.”
The former financial manager of Infosys Mohandas Pai also struck in Goyal, saying that the minister should not “reduce startups” and asks what the Ministry of Commerce did to enhance deep technology projects. “India has many startups in the field of deep technology, but there is no capital that grows quickly,” Bay said.
https://akm-img-a-in.tosshub.com/businesstoday/images/story/202504/67ef8328c651d-anupam-mittal–has-come-up-with-his-own-analogy–supporting-the-existing-business-ecosystem-in-india-045842657-16×9.jpg
Source link