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Amanat Prakash

Building xcesĀ ā€¢Ā 22d

Nobody is ready to take risks and provide capital to early-stage startups easily. However, many startups still secure funding due to connections. Additionally, the government itself often does not fund AI or DeepTech startups. Even Shark Tank India follows this trend, primarily funding businesses with common models like restaurants, candy brands, and fashion. Why doesnā€™t our government compare itself to the Chinese or U.S. governments? If food delivery, quick commerce, and fancy ice cream startups are not considered good businesses, then why does the government still collect taxes from them? These industries contribute over thousand of crores annually in taxes. Why doesnā€™t the government invest more in R&D? Why do state governments offer loans but not grants? Why donā€™t they provide funding in exchange for equity? First, improve Indiaā€™s startup ecosystem.

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