What you founders think about Indian startup scene?

I might sound stupid here but please hear me out. The market is crowded with so many startups in every domain. Older startups are much more stable, on track to become profitable or are already profitable with a huge market share. Not to forget the legacy companies with deep pockets and years of R&D and experience. Along with the competition, funding is another major pain point now because of various reasons we all know of. Also, somewhere I feel we don't face a lot of burning problems we faced a few years back which gave birth to a lot of startups who were actually solving some problem. Most of the new age startups out there are not really solving any problem but just offering premium products or services targeting just the high earning individuals. Most of the new ideas are repetitive with no major differentiation or value add. Because of all these reasons, I feel we might see very few new startups in future let alone successful ones. Share your thoughts please!

Pretty sad imo

Why are Indian second time Founders like Kunal Shah are not ambitious enough? They are building credit card apps while so many real problems are yet to be solved in a country like India.

Hello everyone, I'm Varun, the co-founder of Mesa School of Business. We’re Asia’s first startup focused business school focused on fostering the next generation of startup leaders in India. Prior to Mesa, I was a Sr. Product Manager at Amazon in Seattle, and did my MBA from Kellogg School of Management. I'd love to chat with you folks about my journey in building Mesa, my thoughts on higher education, 0-to-1 building, amongst other things. Ask me anything! :) I'll be back at 5 pm and start answering.

Have been an entrepreneur since college days. Went full time on same idea and worked on it for a good 4 years full time before starting something new, raising some money, later pivoting (fucked up here) and eventually shutting shop last year. Life has been tough since then since there is no clarity on what to spend next 2-5 years on - acquisition offer falling apart, tried looking for jobs but didn't finalise and later did a bit of consulting (good pay but didn't really work out). I now have a few good conversations going on right now - leading product & EIR/Founders Office. What do you suggest would be an ideal thing to do? Profile - Solid Generalist. Non tech. Money ain't really an issue right now but can't stay dependent on savings for so long - its stupid. PS - If you or someone you know is hiring, please reach out. Happy exploring ideas as well.

Heard from most people that there’s a lot of crunch. Wondering if anyone at their companies feels like their startup is growing despite the slowdown. Razorpay, CRED, and are seeing tighter regulations and downrounds. The food delivery companies have all gone through their down rounds and readjustment of expectations. Even SaaS most founders have a poor revenue/employee ratio and the india story is still yet to play out for the newer bets. Just yesterday Oslash announced it’s shutting down its app. Any green shoots ☘️? And if there are maybe it’s a good thread for folks to try and hire.

The US is in its late stage capitalist phase, a ship that's going to sink for the next 50 years. If you're a young person there it doesn't make sense to work as hard as your Grandpa the reward on average isn't as great. India on the other hand is poised to become a great multi-trillion $ economy. Onto something huge. We're talking like 10x growth of the economy here. Start-ups that have made it like Razorpay, Swiggy, PayTM, even Cred, if they survive will be really huge as capital in the country, liquidity and lifestyles go up over the next 50 years. Be the capitalist, take the risks, make bets, work and stack up promotions and money. Don't join an Infosys and work 70 hours there, do it for a start up of any scale you believe is going to make it. Or better yet start your own.