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Things are way too F'ed up than this in the Indian VC community. Due to confidentiality, I can't disclose anything. Bas ye samajhlo, paisa hazam tamasha khatam

If we closely observe fact that many copied and bad idea's get funding on the basis of there connections and personal achievements then that's true also many failed entrepreneurs getting 2-3 times of funding for their ventures even some startups don't have any market size and engagement on their company but still they are getting 4-5 rounds of funding just because they have great network . If we recently pick some ai startup that copying api of chatgpt and they are getting funding easily without any type of rejections . Most of the investors wants that you need to launch west product in India . I think you're right and every ecosystem has some problems and courruptions.