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Anonymous

Anonymous

Stealth • 2d

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.

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