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India goes through this shit in maybe 10 years I guess!

Less than 500 companies in a whole year. Crazy. Something must be wrong over there

The fact that mostly they don't need funding, they're at the research peak!

I kind of want them to get doomed 💀

I think they have squeezed all their resources, everything they could, reached the peak and have now hit the saturation point.

If notice the trend, it happens every 30 years when China makes a shift. It went from being a low quality manufacturing hub to R&D driven hub churning out the likes of BYD, Xiaomi and DJI. They are making a massive move toward AI and doing some amazing work on that. It's like phoenix analogy. Burn the old for new to emerge.

2009 to 2019 is a China peak point, Now it turns in India where Startup was Increased day by day.