Hey I am on Medial • 8m
Indian VC ecosystem is fundamentally against innovation. They’re private market, risk capital investors on paper, but essentially retail type stock pickers with a 7-10 year horizon.. In fact, if you think about true “innovation", things that India came up with and the world might follow. Things which truly broke ground here. They didn’t come from the private industry at all. They were, quite interestingly, government initiatives. Of course I’m talking about UPI and ONDC. Usually, the government is supposed to be many steps behind private players, but in finance tech (and even space), Indian government actually led the way. We really need an early stage funding ecosystem.
Thatmoonemojiguy 🌝 • 6m
India Launches ₹1,000 Crore Fund for Space Startups🚀🌝 The Indian government has introduced a ₹1,000 crore funding scheme to boost innovation and private participation in the space sector. This initiative aims to support startups developing satelli
See MoreNever Give Up✊ • 1y
What's Happening in Indian Ecosystem!!🧐🧐 Indian startup ecosystem aims for recovery post-2023 challenges with innovation and govt. support. Optimism for 2024 despite funding declines; India ranks third globally with 99,000+ startups and 108 unicor
See MoreHey I am on Medial • 1y
• Paytm enters ride-hailing sector through ONDC to challenge duopoly of Ola-Uber: • Vijay Shekhar Sharma's company, Paytm, is planning to start providing auto-rickshaw rides in cities like Delhi, Bengaluru, and Chennai. They will do this through th
See MoreDownload the medial app to read full posts, comements and news.