US EditionMost Indian startups replicas of Western biz models; lack genuine innovation: Suhel Seth
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Most Indian startups replicas of Western biz models; lack genuine innovation: Suhel Seth
New Delhi, May 29 (PTI) Most Indian startups are merely imitating Western business models and lack genuine innovation, Counselage India Managing Partner Suhel Seth said on Thursday.Seth argued that the Indian startup ecosystem is dominated by businesses that replicate ideas already proven abroad, rather than developing original solutions tailored for India."When I look around on the start-up ecosystem in India, I find almost all of that replica.…
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