Innovation in India walks a tightrope between promise and actuality. Regardless of a booming startup ecosystem and a deep expertise pool, entrepreneurs usually discover themselves up towards a wall of systemic apathy — bureaucratic inertia, meager R&D help, and risk-averse buyers.
Nowhere is that this battle extra sharply captured than in a current Reddit put up by a founder whose AI-powered autonomous retail startup hit a useless finish — not as a result of lack of functionality, however a damaged funding system unwilling to again something past fast wins.
In a blunt Reddit put up titled “Indian startups won’t ever be revolutionary,” the co-founder of a tech startup constructing autonomous, AI-powered retail shops laid naked the hurdles Indian innovators face.
“Hello, I’m a Co-Founding father of an Indian Startup which is engaged on constructing autonomous shops utilizing Imaginative and prescient AI and Sensor Fusion for 24×7 retail,” the founder wrote. “We’re the one firm in India that has constructed a Imaginative and prescient AI foundational mannequin for figuring out individuals and monitoring individuals… Our international competitor Amazon GO expenses $200K for setup of such a retailer whereas we will do it for simply $7500. But we misplaced as a result of we’re primarily based in India.”
Regardless of constructing a lean product at a fraction of world prices, the staff of three couldn’t appeal to funding. The founder shared blunt rejections from Indian VCs:
- “VC: Indians don’t want such shops, qcommerce hai hamare paas (now we have qcommerce).”
- “VC: Don’t go for innovation, yaha pe koi paisa nai dega (nobody offers you cash for this). Simply drop this.”
Some demanded traction far past a seed-stage startup’s scope. “VC: Get $100k to $200k ARR then we will discuss,” one informed them. The founder pushed again: “We’re constructing in AI with no exterior staff, how will we scale up there with none backing?”
Disillusioned, the put up ended on a grim notice: “Our VC sector is constructed round funding espresso, drinks, shirts, dashboards-based companies or AI corporations which really work on ChatGPT. Indian startups won’t ever be revolutionary as a result of this… As soon as we’re utterly useless Indian corporations will tie up with some overseas firm (Amazon GO), pay them 10X and say that we’re innovating in India.”
The put up rapidly sparked debate.
One consumer highlighted cultural and market mismatch: “India is just not the suitable marketplace for this enterprise in the meanwhile… Go on the road and ask ten individuals if they are going to be okay to let digicam monitor and establish them.”
One other pointed to structural points: “Each VC desires to see both a IIM or IIT tag… Nobody desires to understand the sweat it takes to do the R&D and construct the groundbreaking tech.”
Others supplied cautious encouragement and recommendation on partnerships, grants and investor alignment.
However the harshest commentary struck at deeper cultural roots. “R&D spend of high Indian corporations is nowhere close to international friends… Indians reside near the underside of Maslow’s pyramid… Self checkouts will not work right here… Mechanisation, automation, and DIY haven’t picked up, won’t ever decide up.”
The put up ended with a sobering evaluation: innovation in India usually fails not for lack of mind or effort, however as a result of the ecosystem — from VCs to markets to cultural behaviour — isn’t constructed to help it.
