Is Unethical Culture Behind India’s Startup Boom?
India’s unicorns are celebrated, and its startup scene is often seen as the future. But behind the fast-paced success stories, there’s a worrying pattern that can’t be overlooked. A private investigation shows that much of this shiny success has been built on unstable ground.
Startup Founder Blames Bad Governance for India’s Innovation Failures
A semiconductor entrepreneur has written an open letter to Piyush Goyal, Union Minister of Commerce and Industry, in response to his criticism of Indian startups for focusing on food delivery, betting, and fantasy sports platforms instead of high-tech sectors such as semiconductors and artificial intelligence. The founder argues that it is the government’s systemic inefficiencies that pose the real barrier to innovation in deep-tech industries.