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Companies defend India’s startup proposition after Piyush Goyal’s jibe stirs debate

Summary by The Hindu

Indian entrepreneurs unite to defend startup ecosystem against criticism, emphasizing the need for local champions and innovation support.

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The Hindu

Lean Left

Companies defend India’s startup proposition after Piyush Goyal’s jibe stirs debate

Indian entrepreneurs unite to defend startup ecosystem against criticism, emphasizing the need for local champions and innovation support.

6 hours ago·India

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NDTV

Lean Right

Indian Startup Bosses On Piyush Goyal's "Dukandaari Hi Karna Hain?" Question

Union Commerce Minister Piyush Goyal's note to Indian startups - asking them to shift focus from food delivery to more advanced technological solutions - has led to a debate online. Some industry leaders, such as Zepto co-founder Aadit Palicha, pointed out India's consumer startups have generated thousands of crores in tax contributions and provided employment opportunities. Some others, like ex BharatPe Managing Director Ashneer Grover, reminde…

21 hours ago·New Delhi, India

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NDTV Profit

From Trump Tariff Shock To Waqf Bill's Passage — The Week That Was

The first week of the new financial year didn't tiptoe in — it crashed through the gates with Donald Trump's global tariffs. The US president announced a sweeping 10% duty on all exports to the US — not even sparing the penguins of Antarctica or the uninhabited McDonald Islands.Back home, Union minister Piyush Goyal's comments at the Startup Mahakumbh about India's startup ecosystem sparked a heated debate, led by Zepto’s Aadit Palicha.Trump's T…

4 hours ago

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Kiddaan

Piyush Goyal Urges Startups to Shift Focus From Cupcakes to Core Tech Innovation

Union Commerce Minister Piyush Goyal didn’t hold back as he critiqued India’s current startup trajectory. Speaking at an event, he said too many Indian entrepreneurs are focusing on food delivery, fantasy sports, and betting apps, rather than game-changing technologies. “India ko ice-cream banani hai ki chips?” he asked pointedly, urging young innovators to reflect on whether they want to build snack brands or push boundaries in deep tech and fu…

14 hours ago

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Orissa POST

Indian founders voice their opinion after Piyush Goyal's jibe stirs debate - OrissaPOST

New Delhi: Several Indian entrepreneurs Friday rallied in unison after Commerce Minister Piyush Goyal questioned Indian startup ecosystem’s value and innovation proposition, as prominent names such as Zepto CEO Aadit Palicha and Zoho founder Sridhar Vembu voiced their opinion on the issue that has stirred quite a debate in the startup circles. Palicha – one of the most recognised faces in the startup circles and the cofounder of Zepto – cited th…

19 hours ago

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rediff.com

Why Zepto CEO Aadit Palicha is angry with Piyush Goyal

Commerce Minister Piyush Goyal's scathing remarks on Indian startup ecosystem and its innovation priorities have drawn sharp reaction from the industry, with Zepto CEO Aadit Palicha putting up a strong defence citing the company's contribution to jobs, FDI and terming it a 'miracle in Indian innovation'.

20 hours ago

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